Antoun, Elie
(Notre Dame University-Louaize, 2022)
The Venezuelan crisis was filling the headlines during 2019, and took the world’s attention. The country that once was the wealthiest in Latin America suffers the worst economic crisis of a country that is not experiencing war since the 20th century. Diseases, collapse of institutions, destitution, and repression have led millions to flee
the country to neighboring states. Venezuela, that sits on the largest oil reserves in the world, has the phenomenon called “the resource curse”, where the government is spending all the money coming from oil without injecting any back into the economy. The ...