Lecture | Studium Generale
Exploring the Current Humanitarian Crisis in Venezuela
- 10 October 2018
- Anna van Buerenplein
Anna van Buerenplein 301
2595 DG The Hague
Causes, Main Features, and Future Scenarios
Venezuela was once the most prosperous country of Latin America. For the last 100 years oil has been the main engine for financing most of the country’s expenditures. In 1999 Hugo Chávez came into power, promising what he called ‘a Socialism of the 21th Century’, including among other things the end of corruption and a rapid improvement of the living standards of the masses. After 18 years of Chavismo in Venezuela, the country shows today a situation of total devastation: an inflation of more than 1 million per cent, extensive starvation as a result of acute shortages of food, and a total collapse of public services such as health care. As a result of the huge humanitarian crisis affecting that country, more than 2,5 million Venezuelans have left the country, trying to find a new home in other Latin American countries such as Colombia, Ecuador, Peru, Brazil and Chile. This lecture will deal with the main political and economic causes which have provoked this crisis, their main characteristics, and possible political scenarios in this country for the years ahead.