The Rise and Fall of the Oil Nation Venezuela
Book Details
Format
Paperback / Softback
ISBN-10
3031346629
ISBN-13
9783031346620
Publisher
Springer International Publishing AG
Imprint
Springer International Publishing AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 30th, 2024
Print length
561 Pages
Product Classification:
History of the AmericasHistory: specific events & topicsSociologySocial welfare & social servicesSocial welfare, social policy and social servicesPolitical science & theoryPolitical science and theoryEnergy industries & utilitiesEnergy industries and utilitiesCivil service & public sectorCivil service and public sectorHistory of the AmericasHistory: specific events and topicsThe environment
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Venezuela is a bipolar nation, where two marked poles in the society exist which have historical origins and are mutually exclusive. The book provides a critical analysis of Venezuela's history, economy and politics and explains the context and implications of the bipolar poles, known as the elite pole and the resentful pole.
This book explains why Venezuela is so rich in natural resources?it has been producing oil since 1922 and harbors the largest oil reserves in the world?and yet it is also a failed nation of class-divided citizens exhibiting deep poverty in a corrupt, incompetent state. Venezuela is a bipolar nation, where two marked poles in the society exist which have historical origins and are mutually exclusive.
The book provides a critical analysis of Venezuela''s history, economy and politics and explains the context and implications of the bipolar poles, known as the elite pole and the resentful pole. Both, it shows, have done serious harm to Venezuela?s prosperity.
The author describes the vicious circle of oil wealth, corruption, inefficiency and world market dependency and gives recommendations for a better future.
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