1431. Venezuela: Hugo Chá¡vez's Revolution
- Publication Date:
- 02-2007
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- After eight years in power, President Hugo Chávez won an overwhelming re-election in December 2006. Flush with oil revenues, bolstered by high approval ratings and at the start of a six-year term, he expresses confidence about advancing what he calls his Bolivarian Revolution, named after Simón Bolívar, the country's independence hero, and installing his still only vaguely defined “Socialism of the 21st Century”. There are concerns in Venezuela and much of the hemisphere, however, that to do so the ex-colonel and one-time coup leader may be willing to sacrifice democratic principles. He is not yet a dictator and for the most part has not tried to act in a dictatorial manner, but the trend toward autocracy is strong. If he continues to build personal power at the expense of other institutions and militarise much of the government and political life, there will be serious risks for internal conflict, especially if the oil boom that cushions the economy falters.
- Topic:
- International Relations, Development, and Politics
- Political Geography:
- South America and Tanzania