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Economy / Venezuela

Decree A Major Blow To Democracy

December 2010 | Political Risk Analysis

BMI View: With Venezuelan President Hugo Chávez set to rule by decree for one year, the opposition Mesa de la Unidad Democratica (MUD) coalition will be unable to alter an increasingly radical policy trajectory. This not only has negative implications for democratic legitimacy, but it also increases the threat of major political upheaval in 2012.

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