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Book synopsis

This book explains why Venezuela is so rich in natural resources - it has been producing oil since 1922 and harbors the greatest oil reserves in the world - and yet 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 gives an overview of Venezuela's history, economy and politics and explains the context and implications of the bipolar poles, called the elite pole and the resentful pole. Both have shown that they 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.

Book details

Book category Książki po angielsku Earth sciences, geography, environment, planning The environment

• Full title: The Rise and Fall of the Oil Nation Venezuela
• Author: Carlos A. Rossi
• Language: English
• Binding: Hardback
• EAN: 9783031346590
• ID: 43335997
• Publisher: Springer, Berlin
• Dimensions: 235 × 155 mm
• Date of publishing: 17. October 2023

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