...Women’s Struggles in a Socialist Venezuela Venezuela has overcome many obstacles, and triumphs as a country that always been full of oppression on the people. With years of oppression and marginalization, a new president in 1998 came into power, this President is Hugo Chavez. Hugo Chavez was able to win the presidency, perhaps because he has been viewed as a people’s man. Chavez has made it very clear that he is for socialism, and not for a neoliberal Venezuela, “Es el neoliberalismo el camino? Sí, el camino al Infierno. Ese es el camino al Infierno” - Hugo Chávez. Hugo Chavez has set out a plan for his socialist government, this plan has been designed to finally put an end to all the oppression the many lower class marginalized groups have faced over the decades. However, it is very evident that putting this plan into action has proved a lot more difficult than Chavez and his administration thought it would. For this reason, it is clear that for social justice, and the democratization of this country have been widely affected, and not for the good. As Chavez has changed the agenda, but in the view from social justice and democracy, he has lacked to really implement change for the better, and this is why we still see a high number of marginalized groups that are fighting constantly for more rights. Women have continued to fight in the name of social justice and democracy to pave a way for all the women that are oppressed. If we view Venezuela from the view of the plans put into...
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...profile of The Bolivarian Republican of Venezuela; in order to study the current situation of the country for further investigations in the future that may help to understand the opportunities and risk involve in importing and opening new markets in Venezuela. The analysis includes reviews and an extensive research about: First the geography and global information to introduce the country; second, the History since the arrival of the Spaniards. The Political analysis will be explained as much detailed as possible due to its specifics characteristics in the recent decades with the Hugo Chavez’s government. He report draws special attention in the Social analysis is one of the main issues to be reviewed due to its importance at the time of making any decision. The economic aspect of course will be in consideration with both: the Official’s figures and the international observer’s ones, the graphics will be analyzed. It will be also mentioned the Business environments and the principal sectors to invest or that could be interesting to sell. To support all the information in the report before any conclusion, it will be used THE SWOT tool to demonstrate why Venezuela is an interesting place to import, especially in the last 5 years. It is not just a country of striking natural beauty, which ranges from the snow-capped Andean peaks in the west, through the Amazonian jungles in the south, to the beaches of the north, Venezuela is among the most highly urbanized countries...
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...Natalia Navarro Comparative Political Economy Analytical Paper #2 November 5, 2015 Question #3 Venezuela vs. Poland In order to understand the reforms that occurred in Venezuela after the 1980’s both politically and economically it is important to study the origin of Bolivarianism. The term Bolivarianism originates after Simón Bolivar, a military and political leader born in Venezuela. Bolivar helped establish many sovereign states from the Spanish rule including Venezuela, Colombia, Bolivia and Peru. Venezuela has a petroleum based economy that allowed the construction of a democratic political regime that was based on a zero-sum framework around the 1960’s. Once the resources started diminishing around the 1980’s through 1990’s the political...
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...factories food, milk production , cement industry, etc. .. facilitate the state-controlled oil company overseas has forced other companies to reorganize. May 01, 2007, Hugo Chavez vowed to nationalize telecom and largest energy - Compania Nacional Telefonos de Venezuela (CANTV) and EDC - in Venezuela by the U.S firm control. The government is also expanding access to rural areas, where it has seized the farm and turn them into cooperatives owned by the state ... Take profits as funding for social programs and long-term large. III. Question 2: The way Chavez's unilateral changes to contracts with foreign oil company have impacts upon future investment by foreigners in Venuezela. Oil industry is the economic sector contributed most to the Venezuelan economy, to one third of GDP, 80% of exports and over half the state budget. This country has a reserve of oil and gas major, and now, Venezuela is one of 10 major oil exporter in the world. Chavez has pushed out foreign companies and expand business organization and, the production of state companies. ‘However, the fluctuating oil prices on world markets as well as political crises, strikes are threatening sensitive economic sectors of Venezuela. Government of Venezuela is seeking...
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...to the oil industry in Venezuela, which competes with Saudi Arabia in claiming the biggest oil reserves in the world. Capriles says that is he wins, "We have to revise every deal. I think they are agreements that are not functioning...How have relations with Iran and Belarus benefited Venezuela? We are interested in countries that have democracies, that respect human rights, that we have an affinity with. What affinity do we have with Iran?" However, this is possible option, one that as the days pass appears to become less and less probable. For now it looks like Chavez’s chosen successor will take the role as Venezuelans leader. Maduro won 50.6% of the vote, while opposition candidate Henrique Capriles Radonski obtained 49.07% of the vote. If Maduro ends up becoming president, Maduro begins his presidency in a very difficult economic crisis. The economy has a very slow economic growth, high inflation dollar and goods shortages, stagnant oil production, which are a mess. With this he will struggle to recover popularity. furthermore, economic policy and political stability will likely suffer. He will be under pressure to reverse social discontent, which means he is unlikely to make needed economic adjustments. This means that foreign exchange and price controls will likely be the same, and demands on state-run oil company PDVSA will remain high, eliminating investment capacity. Moreover, he will have trouble in his ability to put on different policies, as he will need to prove...
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...Deterioration of Chavez Chavez_Cancer http://www.reuters.com/article/2011/10/10/us-venezuela-chavez-idUSTRE7994RB20111010 With the Venezuelan elections coming up, Hugo Chavez, the current president of Venezuela, is trying to win the elections again after being 13 years in possession of the power. At the same time, Chavez’s health has been deteriorating as he announced he has cancer. He also took the cancer look by shaving his hair off and going bald. On the other hand, Chavez has recently been leaving Venezuela unexpectedly going to Cuba leaving his people unattended, meanwhile the media has not always been able to report exactly why the president had to leave his people. It is not the media that is at fault, but the president himself who is trying to hide things; the president himself is at fault of turning Venezuela into a fake democracy in order to keep the power himself. First we will be looking at Chavez’s health conditions in the past years. In June of 2011 Chavez left Venezuela and underwent unscheduled surgery in Cuba for pelvic abscess. After being absent for almost a month from his country, on June 30th, 2011, Chavez announced that he was recovering from an operation removing a cancerous tumor. The Vice President then stated that Chavez remained will “full exercise” of power and that there was no need to transfer powers despite of being absent from Venezuela. On July 2nd, 2011, the newspaper “El Periodico de Catalunya” stated that Chavez had “colon cancer that...
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...feels that the society they live in is oppressed whether by a foreign or domestic influence, revolutionists arise to bring about change however they see fit. While some revolutionists are often viewed in infamy to others such as Hitler, the people who benefited during the better years of their rule tend to view these revolutionists as heroes. One of these well known revolutionists is Hugo Chavez, and while he's known to be hated by both foreign and domestic groups, he is considered a hero to many others. Hugo Chavez was born July 28, 1954 in the town of Sabenta. He was of mixed race and lived in poverty for most of his childhood life (Kozloff 18). Despite being poor, both of his parents were highly educated compared to most people in Venezuela, and thus taught him the importance of studying and education. It was during his childhood that Hugo Chavez was introduced to Jose Esteban Ruiz Guevara, and thus Simon Bolivar (indepthinfo). Bolivar was a revolutionist who helped to free much of Latin America from Spanish control and even attempted to create a nationalist government in Latin America before his death (biography). Essentially, all of these events during Hugo Chavez's childhood helped to shape his goals and inspirations as president. While in college at Venezuelan Academy of Military Sciences, Chavez participated in a four year officer training program which by 1975 he graduated with the rank of sub-lieutenant (indepthinfo). During his time in the military, Chavez spent...
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...Economy of Venezuela Contents *Executive Summary 2 1 Venezuela Profiles 3 1.1 Geography 3 1.2 Population 4 1.3 Political System 4 1.4 Economic System 4 1.5 Market Spotlight 5 1.6 Trade Agreements 6 2 Doing business in Venezuela (Compare with China) 6 2.1 Starting a business 7 2.2 Dealing with construction permits 8 2.3 Employing workers 8 2.4 Registering property 9 2.5 Getting credit 9 2.6 Protecting investors 10 2.7 Paying taxes 11 2.8 Trading across borders 12 2.9 Enforcing contracts 12 2.10 Closing a business 13 2.11 The ranks trend of 10 Factors from 2007 to 2010 in Venezuela 13 2.12 The ranks trend of 10 Factors from 2007 to 2010 in China 14 3 Global Competitiveness Index 15 3.1 The comparison (Score) of GCI with Venezuela and China in 2010 16 3.2 The comparison (Rank) of GCI with Venezuela and China in 2010 16 3.3 The trend of GCI (Rank) 2 countries from 2002 to 2010 17 3.4 The trend of GCI (Score) 2 countries from 2005 to 2010 18 4 Conclusion 18 4.1 Market Challenges in Venezuela 18 4.2 Market Opportunities in Venezuela 19 4.3 Experience from China 19 4.4 Recommendation of Strategy 20 4.5 Venezuela Economy: Impact of Nationalization 20 *Executive Summary My selected country Venezuela is the worst rank, in order to evaluate the business environment, first, I do some research for Venezuela profiles, which include basic information...
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...Venezuela, or more precisely “The Bolivarian Republic of Venezuela”, is a federal state formed by 23 Governors, in which the central power keeps extended political and administrative functions in the local areas. Based on the constitution, the power of the state is not only the executive, legislative and juidiciary but there is also the electoral power represented by the “Consejo Nacional Electoral”, as well as the moral power impersonated by the “Consejo Moral Republicano”, whose functions are actually quite unclear. After the presidency of Hugo Chavez and especially the course taken by his wing Nicolas Maduro, Venezuela has turned into a typical Latin American Regime. The supporters want to amplify social citizenship while the critics are...
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...spanishSenora Cressman Spanish 4/Mod January 13 2011 Famous People and Festivals The country of Bolivia is named after Simon Bolivar. Though he was not born in Bolivia, but born in Venezuela, he was Bolivia's main political leader. He was one of Bolivia's founding-fathers and served as Bolivia's president from August 12, 1825. December 29, 1825. He also played an important role in helping other South American countries gain independence from Spain and served as president in other countries of South America. His parents were Colonel Juan Vicente Bolívar y Ponte, and Concepción Palacios Blanco. He had two older sisters and a brother: María Antonia, Juana and Juan Vicente. There was another girl, María del Carmen, who died at birth. Before he was three years old, Simón lost his father, who passed away in January of 1786. He played an important role in the liberation of a large part of South America from Spanish rule in the 19th century. On his visit to Europe, Bolivar got the opportunity to witness the coronation of Napoleon. This incident sparked the idea of revolution in his mind, so on returning home, he joined the Venezuelan revolution. He was barely in his 20s then. His victory spree came to an abrupt halt, when his forces were defeated by the Royalist army in 1815, and he was exiled to Jamaica. Eventually, a victory in Peru in 1824, led to the end of Spanish rule in the continent, making Bolivar a powerful force in Latin America. Bolivar died due to tuberculosis...
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...Running Head: VENEZUELAN OIL MARKET 1 Analysis of the Venezuelan Oil Market BINT 6311 – International Business Management University of the Incarnate Word VENEZUELAN OIL MARKET 2 Table of Contents Abstract ............................................................................................................................................3 Review of Venezuela .......................................................................................................................4 Geographic Location ....................................................................................................................4 Demographics ...............................................................................................................................5 Economic Indicators .....................................................................................................................5 Politics and Economic Freedom ...................................................................................................6 Analysis of Entry Modes .................................................................................................................7 Government’s Role ......................................................................................................................8 Joint Ventures ...............................................................................................................................8 Recent Events in Entry ....
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...to offer equal or better quality product at a more competitive and profitable level. A manufacturer of clothing company is a good example of this, cotton is purchased in Peru, Crocodile skin in Colombia, and is all put together in Montreal to be sold in the USA market. Another advantage of globalizing products or services is to be able to deliver results to the client (depending on the industry) at a much faster pace. 2. What does the Venezuelan economy teach us about appropriate systems needed to develop economically and to enhance future prosperity and standards of living? In your estimation, what is the long run prognosis for the Venezuelan economy? Is this a country that is attractive to international businesses? Currently Venezuela is benefitting from a boom in oil prices. What do you think might happen if oil...
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...develop a strong and out-of-control non-market production market, also known as black market. This kind of market is not reflected in the GDP because it can’t be controlled or audited by the government. The NPM (non-production market) also refers to services based on cash flow, illegal substances and contrabands, illegal money exchanges, etc. One perfect example of this kind of market is founded in my native country Venezuela, where basic necessity products like milk, eggs, chicken, sugar, flower, toilette paper, and medicine can’t be found easily. A parallel market developed and now people are paying more than 4,000% of its regulated price. The dollar exchange in this country can be used as an example; in which the government set the price for 6.35Bf per dollar (03/19/2015. Source: http://themoneyconverter.com/USD/VEF.aspx) but it can’t be bought through regular channels. In consequence, the dollar’s exchange price increased to an impressive 283.41Bf per dollar or 4,463% of the official price (Source: http://dollar.nu/paralelo-en.php). One can’t but wonder why Venezuela is such a financial situation, with an annualized inflation of 63% and 98% on the consumer’s products, and a -26.7% GDP Growth Rate (Source: see Reference). One reason is that Venezuelan government does not fear God, or there are any God fearing officials. A nation that is not founded on biblical principles and look for God good grace and wisdom to govern its people will fail miserably as...
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...Exercise country analysis and country risk Venezuela Hypump, a US company producing hydraulic pumps used in oil producing industry, likes to investigate the possibility of starting a new subsidiary in Venezuela, and asked you to make a country analysis and country risk report. The facts, key indicators and back ground information of Venezuela you found after research are presented in the Appendix. Use that information to answer the following questions: Moderate poverty and inequality have decreased from 1998 onwards due to the program called ‘Missiones’ according to the World bank (see appendix). 1. Use the fact sheet Venezuela whether this can be confirmed with figures. Assess: a. Level of development b. Income inequality 2. Assess Venezuela’s export structure. What is it based on? Use GDP and expenditure components for Q 3 and Q4 to assess Venezuela’s attractiveness from the table: 3. How can you see 2014 and 2015 are forecasts? 4. Characterize the phase of business cycle Venezuela has faced in 2013 and 2014 (Explain which key indicator(s) are used to answer the question) 5. Make a ‘first level analysis’ of the aggregate components of GDP to explain the economic (GDP) growth during 2013. 6. Explain the influence of imports on GDP in 2013. 7. Make a ‘second level’ analysis of the aggregate components of GDP to find some reason(s) for the movement of the various components. ‘The decrease...
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...Restate Thesis Located on the northern coast of South America, Venezuela covers 353,800 square miles and has a population of approximately 29,000,000 people. Its biological diversity is greater than any other country in the world. Venezuela was colonized by Spain in 1522 and declared its independence in 1811. Democratic government won the popularity of the people in 1958. Hugo Chaves was elected president in 1998 and began the Bolivian Revolution. After the death of Hugo Chavez in 2013, the people elected Nicolas Maduro president. Because oil is the main resource and export of Venezuela, fluctuations in the oil market have caused great economic crisis. In 1995, the poverty rate reached 66%, and the inflation rate reached 100% the following...
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