Things Are Never So Bad That They Can't Get Worse

Things Are Never So Bad That They Can't Get Worse

Author: William Neuman

Publisher: St. Martin's Press

Published: 2022-03-15

Total Pages: 0

ISBN-13: 1250266165

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Named Foreign Affairs Best Books of 2022 and the National Endowment for Democracy Notable Books of 2022 "Richly reported...a thorough and important history." -Tim Padgett, The New York Times A nuanced and deeply-reported account of the collapse of Venezuela, and what it could mean for the rest of the world. Today, Venezuela is a country of perpetual crisis—a country of rolling blackouts, nearly worthless currency, uncertain supply of water and food, and extreme poverty. In the same land where oil—the largest reserve in the world—sits so close to the surface that it bubbles from the ground, where gold and other mineral resources are abundant, and where the government spends billions of dollars on public works projects that go abandoned, the supermarket shelves are bare and the hospitals have no medicine. Twenty percent of the population has fled, creating the largest refugee exodus in the world, rivaling only war-torn Syria’s crisis. Venezuela’s collapse affects all of Latin America, as well as the United States and the international community. Republicans like to point to Venezuela as the perfect example of the emptiness of socialism, but it is a better model for something else: the destructive potential of charismatic populist leadership. The ascent of Hugo Chávez was a precursor to the emergence of strongmen that can now be seen all over the world, and the success of the corrupt economy he presided over only lasted while oil sold for more than $100 a barrel. Chávez’s regime and policies, which have been reinforced under Nicolás Maduro, squandered abundant resources and ultimately bankrupted the country. Things Are Never So Bad That They Can’t Get Worse is a fluid combination of journalism, memoir, and history that chronicles Venezuela’s tragic journey from petro-riches to poverty. Author William Neuman witnessed it all firsthand while living in Caracas and serving as the New York Times Andes Region Bureau Chief. His book paints a clear-eyed, riveting, and highly personal portrait of the crisis unfolding in real time, with all of its tropical surrealism, extremes of wealth and suffering, and gripping drama. It is also a heartfelt reflection of the country’s great beauty and vibrancy—and the energy, passion, and humor of its people, even under the most challenging circumstances.


Financial Crisis Management and Democracy

Financial Crisis Management and Democracy

Author: Bettina De Souza Guilherme

Publisher: Springer Nature

Published: 2020-12-09

Total Pages: 372

ISBN-13: 3030548953

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This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.


The Venezuela-Guyana Border Dispute

The Venezuela-Guyana Border Dispute

Author: Jacqueline A. Braveboy-wagner

Publisher: Routledge

Published: 2019-07-11

Total Pages: 212

ISBN-13: 1000306895

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The expiration in 1982 of the Protocol of Port-of-Spain reheated a border dispute between Venezuela and Guyana that had been frozen since 1970, Almost at once, Venezuelan ultranationalists asserted the need to recover by force the Essequibo region of Guyana--two-thirds of that country--which Venezuela had long claimed. While rejecting force as a solution, the Venezuelan government has indicated that the Protocol will not be renewed, thus pushing the economically and politically vulnerable Guyana toward new and uncertain negotiations. This book describes the actors and their stake in the conflict, the capacity of each to develop the disputed region, and the implications of the Venezuelan claim for both sides. Incorporating a critical examination of the conflict's historical-legal background, Dr. Braveboy-Wagner chronicles the progress of the dispute through its various stages and describes the attempts of both sides to elicit outside support, especially from other Third World nations. Finally, she assesses the possibilities for a solution by force and by compromise and considers the potential for U.S. involvement.


International Mediation in Venezuela

International Mediation in Venezuela

Author: Jennifer McCoy

Publisher: US Institute of Peace Press

Published: 2011

Total Pages: 322

ISBN-13: 1601270682

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International Mediation in Venezuela analyzes the effort of the Carter Center and the broader international community to prevent violent conflict, to reconcile a deeply divided society, and to preserve democratic processes. From their perspective as facilitators of the intervention and as representatives of the Carter Center, Jennifer McCoy and Francisco Diez present an insider account of mediation at the national and international level.


Dragon in the Tropics

Dragon in the Tropics

Author: Javier Corrales

Publisher: Rowman & Littlefield

Published: 2011-02-01

Total Pages: 209

ISBN-13: 0815705026

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Since he was first elected in 1999, Venezuelan President Hugo Chávez Frías has reshaped a frail but nonetheless pluralistic democracy into a semi-authoritarian regime—an outcome achieved with spectacularly high oil income and widespread electoral support. This eye-opening book illuminates one of the most sweeping and unexpected political transformations in contemporary Latin America. Based on more than fifteen years' experience in researching and writing about Venezuela, Javier Corrales and Michael Penfold have crafted a comprehensive account of how the Chávez regime has revamped the nation, with a particular focus on its political transformation. Throughout, they take issue with conventional explanations. First, they argue persuasively that liberal democracy as an institution was not to blame for the rise of chavismo. Second, they assert that the nation's economic ailments were not caused by neoliberalism. Instead they blame other factors, including a dependence on oil, which caused macroeconomic volatility; political party fragmentation, which triggered infighting; government mismanagement of the banking crisis, which led to more centralization of power; and the Asian crisis of 1997, which devastated Venezuela's economy at the same time that Chávez ran for president. It is perhaps on the role of oil that the authors take greatest issue with prevailing opinion. They do not dispute that dependence on oil can generate political and economic distortions—the "resource curse" or "paradox of plenty" arguments—but they counter that oil alone fails to explain Chávez's rise. Instead they single out a weak framework of checks and balances that allowed the executive branch to extract oil rents and distribute them to the populace. The real culprit behind Chávez's success, they write, was the asymmetry of political power.


Borderland Battles

Borderland Battles

Author: Annette Idler

Publisher: Oxford University Press

Published: 2019-01-24

Total Pages: 497

ISBN-13: 0190849169

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The post-cold war era has seen an unmistakable trend toward the proliferation of violent non-state groups-variously labeled terrorists, rebels, paramilitaries, gangs, and criminals-near borders in unstable regions especially. In Borderland Battles, Annette Idler examines the micro-dynamics among violent non-state groups and finds striking patterns: borderland spaces consistently intensify the security impacts of how these groups compete for territorial control, cooperate in illicit cross-border activities, and replace the state in exerting governance functions. Drawing on extensive fieldwork with more than 600 interviews in and on the shared borderlands of Colombia, Ecuador, and Venezuela, where conflict is ripe and crime thriving, Idler reveals how dynamic interactions among violent non-state groups produce a complex security landscape with ramifications for order and governance, both locally and beyond. A deep examination of how violent non-state groups actually operate with and against one another on the ground, Borderland Battles will be essential reading for anyone involved in reducing organized crime and armed conflict-some of our era's most pressing and seemingly intractable problems.