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The Politics Of Oil In Venezuela
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Book Synopsis Venezuela, Oil and Politics by : Rómulo Betancourt
Download or read book Venezuela, Oil and Politics written by Rómulo Betancourt and published by Boston : Houghton Mifflin. This book was released on 1979 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Oil and World Politics by : John Foster
Download or read book Oil and World Politics written by John Foster and published by James Lorimer & Company. This book was released on 2018-09-25 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Petroleum is the most valuable commodity in the world and an enormous source of wealth for those who sell it, transport it and transform it for its many uses. As the engine of modern economies and industries, governments everywhere want to assure steady supplies. Without it, their economies would grind to a standstill. Since petroleum is not evenly distributed around the world, powerful countries want to be sure they have access to supplies and markets, whatever the cost to the environment or to human life. Coveting the petroleum of another country is against the rules of international law — yet if accomplished surreptitiously, under the cover of some laudable action, it's a bonanza. This is the basis of "the petroleum game," where countries jockey for control of the world's oil and natural gas. It's an ongoing game of rivalry among global and regional countries, each pursuing its own interests and using whatever tools, allies and organizations offer possible advantage. John Foster has spent his working life as an oil economist. He understands the underlying role played by oil and gas in international affairs. He identifies the hidden issues behind many of the conflicts in the world today. He explores military interventions (Afghanistan, Iraq, Libya, Syria), tensions around international waterways (Persian Gulf, South China Sea), and use of sanctions or political interference related to petroleum trade (Iran, Russia, Venezuela). He illuminates the petroleum-related reasons for government actions usually camouflaged and rarely discussed publicly by Western politicians or media. Petroleum geopolitics are complex. When clashes and conflicts occur, they are multi-dimensional. This book ferrets out pieces of the multi-faceted puzzle in the dark world of petroleum and fits them together.
Book Synopsis The Enduring Legacy by : Miguel Tinker Salas
Download or read book The Enduring Legacy written by Miguel Tinker Salas and published by Duke University Press. This book was released on 2009-05-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil has played a major role in Venezuela’s economy since the first gusher was discovered along Lake Maracaibo in 1922. As Miguel Tinker Salas demonstrates, oil has also transformed the country’s social, cultural, and political landscapes. In The Enduring Legacy, Tinker Salas traces the history of the oil industry’s rise in Venezuela from the beginning of the twentieth century, paying particular attention to the experiences and perceptions of industry employees, both foreign and Venezuelan. He reveals how class ambitions and corporate interests combined to reshape many Venezuelans’ ideas of citizenship. Middle-class Venezuelans embraced the oil industry from the start, anticipating that it would transform the country by introducing modern technology, sparking economic development, and breaking the landed elites’ stranglehold. Eventually Venezuelan employees of the industry found that their benefits, including relatively high salaries, fueled loyalty to the oil companies. That loyalty sometimes trumped allegiance to the nation-state. North American and British petroleum companies, seeking to maintain their stakes in Venezuela, promoted the idea that their interests were synonymous with national development. They set up oil camps—residential communities to house their workers—that brought Venezuelan employees together with workers from the United States and Britain, and eventually with Chinese, West Indian, and Mexican migrants as well. Through the camps, the companies offered not just housing but also schooling, leisure activities, and acculturation into a structured, corporate way of life. Tinker Salas contends that these practices shaped the heart and soul of generations of Venezuelans whom the industry provided with access to a middle-class lifestyle. His interest in how oil suffused the consciousness of Venezuela is personal: Tinker Salas was born and raised in one of its oil camps.
Download or read book Crude Nation written by Raúl Gallegos and published by Potomac Books. This book was released on 2019-09-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beneath Venezuelan soil lies an ocean of crude—the world’s largest reserves—an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc. Crude Nation reveals the ways in which this mismanagement has led to Venezuela’s economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country’s economic decline, the government’s foolhardy economic policies, and the wrecked lives of Venezuelans. Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos’s insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry. This paperback edition features a new introduction by the author.
Book Synopsis From Windfall to Curse? by : Jonathan Di John
Download or read book From Windfall to Curse? written by Jonathan Di John and published by Penn State Press. This book was released on 2015-12-21 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the discovery of abundant oil resources in the 1920s, Venezuela has had an economically privileged position among the nations of Latin America, which has led to its being treated by economic and political analysts as an exceptional case. In her well-known study of Venezuela’s political economy, The Paradox of Plenty (1997), Stanford political scientist Terry Karl argued that this oil wealth induced extraordinary corruption, rent-seeking, and centralized intervention that resulted in restricting productivity and growth. What this and other studies of Venezuela’s economy fail to explain, however, is how such conditions have accompanied both growth and stagnation at different periods of Venezuela’s history and why countries experiencing similar levels of corruption and rent-seeking produce divergent developmental outcomes. By investigating the record of economic development in Venezuela from 1920 to the present, Jonathan Di John shows that the key to explaining why the economy performed much better between 1920 and 1980 than in the post-1980 period is to understand how political strategies interacted with economic strategies—specifically, how politics determined state capacity at any given time and how the stage of development and development strategies affected the nature of political conflicts. In emphasizing the importance of an approach that looks at the political economy, not just at the economy alone, Di John advances the field methodologically while he contributes to a long-needed history of Venezuela’s economic performance in the twentieth century.
Book Synopsis The Oxford Handbook of Energy Politics by : Kathleen J. Hancock
Download or read book The Oxford Handbook of Energy Politics written by Kathleen J. Hancock and published by Oxford University Press, USA. This book was released on 2020-10-15 with total page 833 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In many ways, everything we once knew about energy resources and technologies has been impacted by: the longstanding scientific consensus on climate change and related support for renewable energy; the affordability of extraction of unconventional fuels; increasing demand for energy resources by middle- and low-income nations; new regional and global stakeholders; fossil fuel discoveries and emerging renewable technologies; awareness of (trans)local politics; and rising interest in corporate social responsibility (CSR) and the need for energy justice. Research on these and related topics now appears frequently in social science academic journals-in broad-based journals, such as International Organization, International Studies Quarterly, and Review of International Political Economy, as well as those focused specifically on energy (e.g., Energy Research & Social Science and Energy Policy), the environment (Global Environmental Politics), natural resources (Resources Policy), and extractive industries (Extractive Industries and Society). The Oxford Handbook of Energy Politics synthesizes and aggregates this substantively diverse literature to provide insights into, and a foundation for teaching and research on, critical energy issues primarily in the areas of international relations and comparative politics. Its primary goals are to further develop the energy politics scholarship and community, and generate sophisticated new work that will benefit a variety of scholars working on energy issues"--
Book Synopsis The Nationalization of the Venezuelan Oil Industry from Technocratic Success to Political Failure by : Gustavo Coronel
Download or read book The Nationalization of the Venezuelan Oil Industry from Technocratic Success to Political Failure written by Gustavo Coronel and published by Free Press. This book was released on 1983 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Plot to Overthrow Venezuela by : Dan Kovalik
Download or read book The Plot to Overthrow Venezuela written by Dan Kovalik and published by Simon and Schuster. This book was released on 2019-06-25 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at the US threat to "save" Venezuela Since 1999 when Hugo Chavez became the elected president of Venezuela, the US has been conniving to overthrow his government and to roll back the Bolivarian Revolution which he ushered in to Venezuela. With the untimely death of Hugo Chavez in 2013, and the election of Nicolas Maduro that followed, the US redoubled its efforts to overturn this revolution. The US is now threatening to intervene militarily to bring about the regime change it has wanted for twenty years. While we have been told that the US’s efforts to overthrow Chavez and Maduro are motivated by altruistic goals of advancing the interests of democracy and human rights in Venezuela, is this true? The Plot to Overthrow Venezuela answers this question with a resounding “no,” demonstrating that: The US’s interests in Venezuela have always centered upon one and only one thing: Venezuela’s vast oil reserves; The US has happily supported one repressive regime after another in Venezuela to protect its oil interests; Chavez and Maduro are not the “tyrants” we have been led to believe they are, but in fact have done much to advance the interests of democracy and economic equality in Venezuela; What the US and the Venezuelan opposition resent most is the fact that Chavez and Maduro have governed in the interest of Venezuela’s vast numbers of poor and oppressed racial groups; While the US claims that it is has the humanitarian interests of the Venezuelan people at heart, the fact is that the US has been waging a one-sided economic war against Venezuela which has greatly undermined the health and living conditions of Venezuelans; The opposition forces the US is attempting to put into power represent Venezuela’s oligarchy who want to place Venezuela’s oil revenues back in the hands of Venezuela’s economic elite as well as US oil companies. The battle for Venezuela which is now being waged will determine the fate of all of Latin America for many years to come. The Plot to Overthrow Venezuela lets readers know what is at stake in this struggle and urges readers to reconsider which side they are on.
Book Synopsis Dragon in the Tropics by : Javier Corrales
Download or read book Dragon in the Tropics written by Javier Corrales and published by Rowman & Littlefield. This book was released on 2011-02-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Venezuela Before Chávez by : Ricardo Hausmann
Download or read book Venezuela Before Chávez written by Ricardo Hausmann and published by Penn State Press. This book was released on 2015-06-13 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine systematically the impact of a wide range of factors affecting the economy’s collapse, from the cost of labor regulation and the development of financial markets to the weakening of democratic governance and the politics of decisions about industrial policy. Aside from the editors, the contributors are Omar Bello, Adriana Bermúdez, Matías Braun, Javier Corrales, Jonathan Di John, Rafael Di Tella, Javier Donna, Samuel Freije, Dan Levy, Robert MacCulloch, Osmel Manzano, Francisco Monaldi, María Antonia Moreno, Daniel Ortega, Michael Penfold, José Pineda, Lant Pritchett, Cameron A. Shelton, and Dean Yang.
Book Synopsis Venezuelan Politics in the Chávez Era by : Steve Ellner
Download or read book Venezuelan Politics in the Chávez Era written by Steve Ellner and published by Lynne Rienner Publishers. This book was released on 2004 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The radical alteration of the political landscape in Venezuela following the electoral triumph of the controversial Hugo Chavez calls for a fresh look at the country s institutions and policies. In response, this title offers a revisionist view of Venezuela's recent political history and a fresh appraisal of the Chavez administration.
Book Synopsis Grassroots Politics and Oil Culture in Venezuela by : Iselin Åsedotter Strønen
Download or read book Grassroots Politics and Oil Culture in Venezuela written by Iselin Åsedotter Strønen and published by Springer. This book was released on 2017-09-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is published open access under a CC BY 4.0 license. This book presents an ethnographic study of how grassroots activism in Venezuela during the Chávez presidency can be understood in relation to the country's history as a petro-state. Taking the contested relationship between the popular sectors and the Venezuelan state as a point of departure, Iselin Åsedotter Strønen explores how notions such as class, race, state, bureaucracy, popular politics, capitalism, neoliberalism, consumption, oil wealth, and corruption gained salience in the Bolivarian process. A central argument is that the Bolivarian process was an attempt to challenge the practices, ideas, and values inherited from Venezuela's historical development as an oil-producing state. Drawing on rich ethnographic material from Caracas' shantytowns, state institutions, as well as everyday life and public culture, Strønen explores the complexities and challenges in fostering deep social and political change.
Book Synopsis Venezuela's Petro-diplomacy by : Ralph S. Clem
Download or read book Venezuela's Petro-diplomacy written by Ralph S. Clem and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Hugo Chavez has used the windfall of high oil prices to remake Venezuela internally along the model of 21st-century socialism and, even more audaciously, to rewrite global relations by directly challenging U.S. hegemony. The dramatic ascendency of the country in hemispheric and global international relations over the past decade is the subject of this title.
Book Synopsis The Magical State by : Fernando Coronil
Download or read book The Magical State written by Fernando Coronil and published by University of Chicago Press. This book was released on 1997-11-10 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1935, after the death of dictator General Juan Vicente Gómez, Venezuela consolidated its position as the world's major oil exporter and began to establish what today is South America's longest-lasting democratic regime. Endowed with the power of state oil wealth, successive presidents appeared as transcendent figures who could magically transform Venezuela into a modern nation. During the 1974-78 oil boom, dazzling development projects promised finally to effect this transformation. Yet now the state must struggle to appease its foreign creditors, counter a declining economy, and contain a discontented citizenry. In critical dialogue with contemporary social theory, Fernando Coronil examines key transformations in Venezuela's polity, culture, and economy, recasting theories of development and highlighting the relevance of these processes for other postcolonial nations. The result is a timely and compelling historical ethnography of political power at the cutting edge of interdisciplinary reflections on modernity and the state.
Book Synopsis Petro-Aggression by : Jeff D. Colgan
Download or read book Petro-Aggression written by Jeff D. Colgan and published by Cambridge University Press. This book was released on 2013-01-31 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil is the world's single most important commodity and its political effects are pervasive. Jeff D. Colgan extends the idea of the resource curse into the realm of international relations, exploring how countries form their foreign policy preferences and intentions. Why are some but not all oil-exporting 'petrostates' aggressive? To answer this question, a theory of aggressive foreign policy preferences is developed and then tested, using both quantitative and qualitative methods. Petro-Aggression shows that oil creates incentives that increase a petrostate's aggression, but also incentives for the opposite. The net effect depends critically on its domestic politics, especially the preferences of its leader. Revolutionary leaders are especially significant. Using case studies including Iraq, Iran, Libya, Saudi Arabia and Venezuela, this book offers new insight into why oil politics has a central role in global peace and conflict.
Download or read book Venezuela written by Miguel Tinker Salas and published by Oxford University Press. This book was released on 2015-04-02 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among the top ten oil exporters in the world and a founding member of OPEC, Venezuela currently supplies 11 percent of U.S. crude oil imports. But when the country elected the fiery populist politician Hugo Chavez in 1998, tensions rose with this key trading partner and relations have been strained ever since. In this concise, accessible addition to Oxford's What Everyone Needs to Know® series, Miguel Tinker Salas -- a native of Venezuela who has written extensively about the country -- takes a broadly chronological approach that focuses especially on oil and its effects on Venezuela's politics, economy, culture, and international relations. After an introductory section that discusses the legacy of Spanish colonialism, Tinker Salas explores the "The Era of the Gusher," a period which began with the discovery of oil in the early twentieth century, encompassed the mid-century development and nationalization of the industry, and ended with a change of government in 1989 in response to widespread protests. The third section provides a detailed discussion of Hugo Chavez-his rise to power, his domestic political and economic policies, and his high-profile forays into international relations-as well as surveying the current landscape of Venezuela in the wake of Chavez's death in March 2013. Arranged in a question-and-answer format that allows readers to search topics of particular interest, the book covers questions such as, who is Simón Bolívar and why is he called the George Washington of Latin America? How did the discovery of oil change Venezuela's relationship to the U.S.? What forces where behind the coups of 1992? And how does Venezuela interact with China, Russia, and Iran? Informative, engaging, and written by a leading expert on the country, Venezuela: What Everyone Needs to Know® offers an authoritative guide to an increasingly important player on the world stage. What Everyone Needs to Know® is a registered trademark of Oxford University Press.
Book Synopsis Juan Vicente Gómez and the Oil Companies in Venezuela, 1908-1935 by : B. S. McBeth
Download or read book Juan Vicente Gómez and the Oil Companies in Venezuela, 1908-1935 written by B. S. McBeth and published by Cambridge University Press. This book was released on 2002-04-04 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the relationship between Gómez's government and the oil companies.