The real story behind Venezuela's woes

Venezuela's current economic woes and social deterioration are the consequence of failure to reform its economy. The Chavez administration's failure to deliver on its promises of a better life for the majority is bound to create political instability.

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Bibliographic Details
Published in:Journal of democracy 2001-04, Vol.12 (2), p.17-31
Main Author: Naim, Moises
Format: Article
Language:English
Subjects:
Chavez, Hugo
Chávez Frías, Hugo
Corruption
Democracy
Economic Conditions
Economic Development
Economic Policy
Globalization
Government and politics
Heads of state
Hugo Chávez
Liberal democracy
Party systems
Petroleum Industry
Political economy
Political elites
Political power
Political regimes
Political Systems
Presidentialism
Presidents
Social conditions
Social impact
Social Problems
Venezuela
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Description
Summary:Venezuela's current economic woes and social deterioration are the consequence of failure to reform its economy. The Chavez administration's failure to deliver on its promises of a better life for the majority is bound to create political instability.
ISSN:1045-5736
1086-3214
DOI:10.1353/jod.2001.0033