Venezuela's Crisis: Chávez, Maduro and Beyond?
Thursday, April 18, 201912:00 PM - 1:30 PM (Pacific)
Encina Hall, Second Floor, Central, C231
616 Jane Stanford Way, Stanford, CA 94305
Abstract:
Venezuela finds itself mired in an unprecedented economic and political crisis. The economy has contracted nearly 50% since President Maduro took office in 2013, oil production has declined to levels below those last seen in 1950, and inflation has reached an estimated annual rate of over 1.3 million percent. Millions have fled abroad in search of a better life, making Venezuela’s migration crisis the second worst in the world after Syria’s. In 2019, the ruling Maduro regime faces new challenges at home from an opposition that has declared it illegitimate, and from abroad due to diplomatic non-recognition by over 50 governments and the imposition of U.S. sanctions on the Venezuelan oil industry. This talk will examine the apparently intractable political and economic crisis facing Venezuela, the role of the military in keeping the present government in power, and the impact of the latest domestic and international pressures on the Maduro regime
Speaker Bio: