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THE GEOPOLITICAL CONTEXT OF THE CRISIS IN VENEZUELA

The research paper entitled ( the geopolitical context of the crisis in Venezuela) Reviews the crisis Venezuela has faced when the collapse of oil prices took place in 1980s .At that time the economy of Venezuela contracted, the monetary sign commenced a progressive devaluation, and inflation skyrocketed to reach peak of 84% in 1989 and 99% in 1996, three years prior to Chavez taking office. The paper deals with Chave’z era which lasted until his death in Mar., 2013, and the economic and political problems that worsened after his vice president, Nicolas Maduro Moros , had become interim president. During this period the research paper talk about the repercussions of the interventions of the international powers on the internal situation in Venezuela.