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Title: El petróleo como riqueza estatal y declive democrático
Author: Castrillón Álvarez, Daniel Alejandro
Sanjaume Calvet, Marc
Bonet Martí, Jordi  
Abstract: The development of democracy in Venezuela has gone through several stages that have been influenced by the presence of oil in the national economy and the ideological distinctions that in country have achieved that in the last 63 years two blocks of regimes sustained in a discourse of the Puntofijista right (anti-left) and the Chavista left (socialist) decide the social and economic destinies of Venezuela. These two blocks have governed the country through democracy and oil revenues partially or with a greater contribution to the economy. This process of oil's influence on the ruling class has influenced a government that does not need taxes and that has achieved some independence from citizens in the last two decades, so that democratic accountability has been undermined both horizontally, as vertical, that is to say that neither the population, nor other institutions of political control, have had sufficient strength at the institutional level to overcome the degradation of democracy by the actions of the governing party, which relies on oil revenues. Oil prices move on an international scale and respond to the weighting of both global forces and international crises, which is why oil prices at the international level feed these types of political regimes that depend on these valued rents to sustain their policies.
Keywords: oil
measurement indices
Type: info:eu-repo/semantics/masterThesis
Issue Date: Jun-2021
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