Economy / Venezuela
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
A Short-Term Success
May 2007 | Risk SummarySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
The relatively high score of 79.4 for Venezuela in our new short-term political risk ratings is a reflection of the ease at which government policy can be formed, enacted, and enforced under President Hugo Chávez's regime. New elections are a long way ahead, and the country's vast energy reserves means it faces few international constraints to policy. However, the disparity with our long-term score of 61.6 points to a weak political system and constitutional framework, as democratic principles are edged out in favour of centralised and concentrated power at the hands of the