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The Impact of the Economic Crisis on the Course of the Political Crisis in Venezuela at the Present Stage

Abstract

Relevance. The economic crisis that naturally developed in the country since the beginning of the twentieth century, aggravated during the reign of Chavez, led to a political crisis during the reign of Maduro, which was reflected in the intervention of foreign powers in the state policy of Venezuela.
The purpose is to examine the indicators of the economic crisis in Venezuela and their impact on the political crisis during the reign from Chavez to Maduro.
Objectives: give a general description of the economic situation in the country during the reign of Hugo Chavez; describe the causes of the economic crisis in Venezuela during the period from the reign of Hugo Chavez to Nicolas Maduro; identify the relationship between the economic and political crises in Venezuela in the period from 2018 to 2019; describe the position of the international community regarding the opposition in Venezuela and legal support for the existing regime.
Methodology. The comparative analysis method was used to compare the economic and political development of Venezuela in different periods; the method of systems analysis made it possible to study the economic and political development of the country as an aggregate integrity; A sample statistical method is needed to analyze Venezuela's development indicators based on data from El Statista, world rating reports, BBC News, Euronews, El Comercio.
Results. At the end of 2018, Maduro won, but the elections were declared illegitimate due to violations during the election campaign. Given the energy, financial, economic, political, humanitarian and migration crises, the situation in society has become tense. These factors contributed to the emergence of a new opposition leader - Guaido. Maduro's position in the international arena turned out to be difficult.
Conclusions. It is impossible to resolve the conflict in Venezuela by overcoming the economic and political crisis without international mediators. Neither Maduro nor Guaido are ready to cooperate today. International sanctions will not be lifted while Maudro is in power. Third countries offer their projects to resolve the crisis.

About the Authors

V. M. Kuzmina
Southwest State University
Russian Federation

Violetta M. Kuzmina, Candidate of Historical Science, Associate Professor, Department of International Relations and Public Administration

50 Let Oktyabrya str. 94, Kursk 305040



M. A. Parkhomchuk
Southwest State University
Russian Federation

Marina A. Parkhomchuk, Doctor of Economic Science, Professor of the Department of International Relations and Public Administration

50 Let Oktyabrya str. 94, Kursk 305040



V. N. Nastenko
Linguistic Center "Knowledge"
Russian Federation

Victoria N. Nastenko, Master of International Relations, Spanish Teacher

Radishcheva str. 35, Kursk 305000



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For citations:


Kuzmina V.M., Parkhomchuk M.A., Nastenko V.N. The Impact of the Economic Crisis on the Course of the Political Crisis in Venezuela at the Present Stage. Proceedings of the Southwest State University. Series: Economics. Sociology. Management. 2021;11(2):10-21. (In Russ.)

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ISSN 2223-1552 (Print)