Venezuela Research Paper

Venezuela, located in the Latin American region, is a country that has been characterized by its abundance of oil reserve. A natural resource that has shaped the history and development of the country, affecting its economic, social and most important is political spheres. For many years Venezuela was controlled by authoritarian regimes. The country, being very important in the sense of geo-politics due to its abundance of oil, has been a key player in the international arena and most important, to those that for many years kept the country under their regime. It was not until 1958 that Venezuela experienced the change to democracy and a stable democracy was kept between the two main political parties of the time, Accion Democratica (AD)

Though Venezuela and The United States are located in the western hemisphere, they are both very different culturally, politically, and socially. The United States is one of the world’s richest nation whereas according to Francisco Toro of Vox.com, Venezuela has, “the world’s highest inflation rate” (Toro). Though the United States has its own problems, they’re very minor compared to Venezuela as according to the same article by Francisco Toro, “Venezuela has become the world’s most visibly failing state” (Toro). Venezuela and The US differ when it comes to migration, culture, politics, economy, urbanization, and agriculture. Venezuela and The US differ greatly when it comes to population and migration.

Venezuela has roughly 29 million individuals. Venezuela's northern coastline extends around 2,800 kilometers that impart the waters to various islands in the Caribbean ocean, including Los Roques, Venezuela.Venezuela covers roughly 353,841 square miles.The nation of Venezuela comprises of 23 expresses: the Capital Region (Caracas) and Government Conditions that likewise cover Venezuela's islands. Our city has the ideal spot for various sorts of exchanging and developments to come through.

him great perspective of a ruler. Venezuela was a significant oil exporter and in the 1980s, there

Formerly under control from Dictator Hugo Chavez, and now currently under control by Nicolas Maduro, With an estimated 34.2% of the GDP accounting for the public debt, and an extremely high inflation rate of 56.2% in 2013 raising from 21.1% in 2012, it is obvious that the policies and programs aren’t working out for the country. Poor leadership in Venezuela has driven the country’s economy into a downward spiral. Having one of the larger resource endowments among the developing countries, it is questionable how there are so many problems with its economy. Since the 1920s Venezuela’s economy has been primarily driven by their vast availability of petroleum. Being a member of the OPEC, Venezuela’s main export is oil. The powerful oil industry in Venezuela is driven by their state-run petroleum company Petroleos de Venezuela S.A PDVSA. Venezuela sits on top of the world’s largest oil reserves and this oil based economy accounts for roughly 50 percent of government revenue, 95 percent of Venezuela’s exports, and 25 percent of Venezuela’s GDP, just in oil alone. With a population of 29.9 million people (estimated in 2012) the country has a per capita GDP of $12,756. Venezuela is highly dependent on oil revenues, these oil revenues account for around 96% of all export earnings. Venezuela’s development faces various challenges being a

Venezuela is one of the top ten producers of oil in the world and has become dependent on the country's primary export product. Although Venezuela possesses a lot of power due to its oil production for the international market, the Venezuelan economy is drastically affected by the world market's demand and price. A common theme in Venezuelan economic development has been the call to “sow the petroleum,” meaning to use the revenues and comparative advantages that petroleum brings to support government programs and other sectors of the economy. Since oil became the nation's number one export in 1925, until international petroleum prices plummeted in 1986 (a period during most of which Venezuela was the world's leading exporter), the nation was blessed by nearly steady economic growth (Ellner 7). Any decline in global commodity prices, as in the 1990s, places the government under stress

One of the main challenges with contemplating a new business in Venezuela is the current government scheme and the presidents apparent dislike for America. Nicolas Maduro has visions of creating a socialistic society for Venezuela, which former president Hugo Chávez fostered all throughout his presidency. Nicolas Maduro has also publicly ridiculed the United States for meddling in its affairs. Nicolas Maduro appears to have a great fear of being ousted by force, accusing the United States of attempting to overthrow him. In fact, Otis (2015) indicated that “as the U.S. prepares to reopen its embassy in communist Cuba, relations with oil-rich Venezuela are crumbling. President Nicolas Maduro accuses the U.S. of plotting a coup against him, and is expelling most U.S. diplomats from Venezuela” (para. 1). It is curious that he rants negativity, but then does not threaten sanctions against the United States. Consequently, the United States is the largest importer of its oil; thereby making it a vital ally of its dwindling economy. The adage, “don’t bite the hand that feeds you” comes to mind; the United States just might cut off ties with him if this banter continues. The fact that

United States started diplomatic contacts with Venezuela after the removal from the Colombian alliance in 1830, and maintained a usually close link all the way through most of modern history. However, bilateral link has been tense in recent years due to a range of ideologies differences. The U.S. Government still believes both countries can served better by securing a practical and useful bond focusing on areas of mutual interest, including counter narcotics; counter terrorism, commerce, and energy. (“U.S Department of State”)

The increasing cubanization (Cardenas, 2013) of Venezuela alienated the most patriotic sectors of society, most notably the military. The Venezuelan military had been a strong ally to neighboring Colombian forces, as to US forces. Under Chavez the military was ordered to partner with Cuban military and to support Colombian guerillas (Romero, 2009). Within months of Chavez’s election, military leaders began plotting his removal (Campbell, 2002).

The oil-rich Bolivarian Republic of Venezuela, located on the northern coast of South America, was for many decades considered among the wealthiest nations in the entire continent. While having the largest proven oil reserves in the world has often proved a tremendous boon for Venezuela, the very black gold that has been the cause of its success has also proven to repeatedly be its kryptonite. Over half of the nation’s Gross Domestic Product stems from petroleum exports – which equates to approximately 95% of total exports. It is really not too hard to imagine what drastic consequences shifts in global oil prices could have on the economy.

Emily Dickinson’s tiny, eight line poem called “Through the Dark Sod,” is a concentrated vague metaphor. The social and cultural atmosphere at the time Dickinson wrote this was during the Civil War. There were some things going on in her personal life at home that made her write her feelings and thoughts. The factors in her personal life influenced the poem. Emily Dickinson’s tiny, eight line poem called “Through the Dark Sod” is a concentrated vague metaphor, that represents her life as becoming a grown woman who knows what she wants in life and “fears” nothing.

My mother permed my naturally coily mane herself the summer before I entered the fifth grade. I couldn’t wait to show up to school with my long straight hair. I conjured up about five or more different scenarios on how different everyone would treat me now that I was pretty. A year later the perms stopped due to my negligence. I was later brought into a salon to have my hair cut, blow dried and then I went next door into another salon where I spent five uncomfortable hours in a chair getting Box Braids.

The analysis includes reviews and an extensive research about: First the geography and global information to introduce the country; second, the History since the arrival of the Spaniards. The Political analysis will be explained as much detailed as possible due to its specifics characteristics in the recent decades with the Hugo Chavez’s government. He report draws special

With an economy dominated by the production of oil, Venezuela has enjoyed the highest standard of living in Latin America. In spite of its success in the oil industry, agriculture and manufacturing also play important roles in Venezuela’s economy. With this in mind, it would seem as though Venezuela’s economic state has flourished. Rather, it has suffered from the effects of political influence, corruption, and poor economic management. The distribution of wealth across Venezuela has caused the elite to benefit at the cost of the working people. This is mainly due to the economic and political structure of the country. Even with the plentiful resources Venezuela possesses, it is constantly being threatened by political instability,

Venezuela is currently facing the worst economic crisis in history. According to the International Monetary Fund, it has negative growth of -8%, the worst in the world and the worst inflation rate (482%). The current unemployment rate is 17% though this figure is expected to climb towards 30%. Venezuela is a country that is reported to have the worlds largest oil supply, a commodity that has a changing price based on supply and demand. Their ability to sell oil was a primary source of revenue for the government. Exporting oil was reported to be around 96 percent of Venezuela's total exports according to the World Bank. In 2014 the