Il Venezuela da alcune settimane vive in un clima di incertezza. L’assenza di Chávez (da tempo in ospedale a Cuba) e la consegnuente instabilità pongono seri interrogativi sul futuro istituzionale, economico e sociale della repubblica bolivariana.
News from Caracas ricocheted around the globe last week. For a moment, the world held its collective breath. Could people power win in Venezuela? Indeed, it looked like recent events could mark a major new inflection point in Venezuela’s crisis.
The administration of US President Donald Trump is not popular in Latin America. In both rhetoric and policy, it has – repeatedly – been more destructive than constructive. The slurs against Mexicans. Trump’s wall to fence out more Latinos. Pulling out of a Trans-Pacific Partnership that included Mexico, Peru and Chile. Attacking countries in the region for closer commercial relations with China.
Latin America is at a crossroads. The “golden age” inaugurated with the turn of the new millennium seems a faint memory. Economies that had grown at a steady pace are now slowing down, while some are in freefall.
Politically, the “pink tide” of populist movements is now ebbing. From Brazil to Venezuela, from Argentina to Bolivia, left-leaning leaders across the region seem to have lost their bond with the people. Their promises of an equitable society through an apparently never-ending redistribution of wealth crashed against the reality of shortsighted and unsustainable policies. Political and social turmoil are heralding an era of changes and – maybe – of new opportunities for Latin America. And this ‘great transformation’ is precisely what this volume is all about.
Where is it leading to? Does it mark the beginning of a new age? Which lessons can be learnt from the past? Leading international scholars and experts scratch beneath the surface of Latin America’s current crisis to have a clearer glimpse of what the future holds and draw policy recommendations, especially for the EU.
The ground is shrinking beneath the feet of Venezuela’s president, Nicolás Maduro. Low oil prices have hastened an economic crisis in Venezuela, a country that was already on the brink of financial and political turmoil for more than a year. Not only have low oil prices precipitated a massive credit crunch within the country. They also put Petrocaribe, one of former President Hugo Chávez’s most prized international alliances, at risk.