Latin American Program in the News: Hugo Chávez's Venezuela, What does the political and economic future hold?

According to former Wilson Scholar Margarita López Maya, without Hugo Chávez's visible presence in Venezuela problems like declining infrastructure and economic stability are increasingly apparent.

On Monday, Feb. 25 the America’s Program of the Woodrow Wilson Center held a seminar on the current political situation in Venezuela. You can watch a webcast of the whole thing here.

There were a couple of key points in which the four presenters coincided.

  • For the time being there is a relative but fragile stability.
  • The government has a lot of support for both rational and emotional reasons.
  • The economy is not on a sustainable track and could run into trouble in the medium term, but probably not the short term.

Historian Margarita López Maya (Universidad Central de Venezuela) pointed out how the absence of President Hugo Chávez is the key element of the current political situation. His charisma, along with high oil prices, have long been able to cover up an increasingly tenuous economic situation, declining infrastructure, and state dysfunction. Without his presence these problems are increasingly evident. She pointed out the ever increasing number of protests which now number about fifteen per day. In addition crime and violence is out of control, making Caracas the most dangerous capital in Latin America.

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Latin America Program

The Wilson Center’s prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the Wilson Center’s strength as the nation’s key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action.   Read more

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