Politics have a big impact on how an economy operates. Chavez was president from 1999-2013 who was a socialist. He was then succeeded by Nicolas Maduro, another socialist, who won the election narrowly. Throughout this period, the country has had problems with economic crisis, violence and poverty. With less and less national support, Maduro has decided to move the elections up, hurting his opponents. There have been protests, some becoming violent and leading to arrests. With many of Maduro's major opposition either barred from seeking office or in exile along with the change of election date, it seems that Maduro will have little opposition in the coming election.
https://www.nytimes.com/2018/01/23/world/americas/venezuela-election-maduro.html?rref=collection%2Fsectioncollection%2Fworld&action=click&contentCollection=world®ion=stream&module=stream_unit&version=latest&contentPlacement=27&pgtype=sectionfront
2 comments:
Although seemingly unpopular, it is upsetting that Maduro is still expected to win the elections. It appears that there is corruption happening in the system. Without any changes in the government it does not seem very promising that Venezuela will be able to get out of their current state of economic crisis and instead will more likely continue to get worse until possibly collapsing.
I agree with Joelle that Venezuela's current regime is flooded with corruption. Maduro moving up the election shows that he plans to be in control for the foreseeable future, an alarming sign to leaders everywhere. Seeing that he will remain in power will continue to cause citizen uprisings throughout the country, so outsiders can expect to see the violence ramp up, and a Venezuelan civil war is not out of the question. The current state of the country will continue to worsen, thus leading to more uncertainty about their future as a nation.
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