Preview

Corruption Of Venezuela Essay

Good Essays
Open Document
Open Document
528 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Corruption Of Venezuela Essay
Venezuela is a nation emerging from the corruption of two century’s plagued by greedy military dictator and bloody revolutions that left hundreds of thousands dead. During the 21st century Venezuela eventually became a democratic nation when its first democratically elected president, Rómulo Gallegos, in which he ruled until 1947. The last of the military coups put him out of office and landed Perez Jimenez, the corrupt power monger only worsened the corruption within the already struggling nation. Ten years later Jimenez was booted and the democratic elections returned and Venezuela. Ever since 145 Venezuela has been recognized as a Democratic Nation by the United Nations. Oil had been one of Venezuela’s top export since the Oil Crisis of 1973 where Oil prices doubled …show more content…

The Prime Minister announced the creation of new departments (Ministry of the Environment and Natural Resources (MARN), Energy and Mines, Planning and Development, Agriculture and Lands, Infrastructure, as well as the national oil company, Petroleos de Venezuela ) to help with monitoring the decrease in emissions. Although this was a valiant attempt by the UN to set a standard of greener living it was a little far fetched. Venezuela has such a vast, rich quantity of oil that it was difficult to reduce the industry because if it wanted to be an international competitor in the world market it couldn’t slow down on its biggest moneymaker. So oil production eventually increased during the time under the Kyoto protocol, and coincidently so did Venezuelan green house gas emissions. Emissions fluctuated between lows of 5.1 and highs of 7.6 metric tons of CO2. When 2008 rolled around Venezuela had dropped from 6.2 MT to an even 6 MT showing a drop of 3% in greenhouse gas

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Like the title of the essay, Michael L. Ross wanted to explore the question: does oil hinder democracy? Throughout the world, states that are rich on oil and other valuable commodities tend to be undemocratic. Oil-producing states like Nigeria, Venezuela and other OPEC states display undemocratic characteristics where it fosters authoritarians to rule and states to lose accountability to its people. To make matters worse, paradoxically, these sates that are rich on natural resources are also some of the poorest and most volatile sates. Like a monkey’s paw, many resource-rich states are said to be “cursed” by having an abundance of natural resources.…

    • 192 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    During the World War II, the fossil fuels played an important role in the battle because all the participants in the war needed combustible; therefore, countries as Venezuela and Norway started to export petroleum to the countries that were in the dispute. Subsequently, all the countries’ economy started to revolve around petroleum, and some of them began to build a monopoly in oil becoming in world power nations. But not all the countries were benefited from that, for example, in the actually Venezuela is suffering one of the biggest economic recessions due to the dependency of petroleum in its economy. According to Arturo Uslar Pietri in his article “Sowing the Oil,” the only profitable use of the petroleum’s incomes is investing them in other technologies, which could be alternative fuels, and other economic sector as tourism and agriculture. Also, Arturo Uslar Pietri claimed that basing the world economy in oil would create a monopoly and enrichments of only a few countries meanwhile others will fall in depression and impoverishment. The development of alternative fuels will create a new and equal market for the world that will increase each one’s economy without depend in one non-renewable source, as the petroleum, and it will create sufficient jobs for those who are working on the petroleum industry and those who are…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Jordan, James. 2007. Venezuela: Democracy or dictatorship. Green Left Weekly, (November 29), http://www.greenleft.org.au/2007/734/38002 (accessed February 18, 2010).…

    • 2996 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Disclosure Analysis Paper

    • 903 Words
    • 4 Pages

    The publicly held company selected to use as the basis for this paper is Apple Inc. Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software, and services to provide its customers new products and solutions with superior ease-of-use, seamless integration, and innovative design. The Company believes continual investment in research and development and marketing and advertising is critical to the development and sale of innovative products and technologies. (Form 10-K, 2011, p. 1)…

    • 903 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The Haitian government has been plagued with corruption from the beginning of its existence. Haiti has been faced with many foul leaders and thus brought times of despair for the Haitian people. The empowerment of poor leadership has led to a country that "has never known a period free of tyranny, repression, political conflict, racial animosity, and economic hardship" (Haggerty). Haiti's capital, Port-au-Prince, is a place where "kidnappings and street crime are rampant, and the undermanned police force is rife with corruption" (Williams).…

    • 1613 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The respective relationship between the Unites States and Venezuela has been tense as of late…

    • 374 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Venezuela Research Paper

    • 1204 Words
    • 5 Pages

    Venezuela is the sixth largest country located on the northern coast of South America and is the thirty-third largest country in the world. It has an area 352,143 square miles with a total coastline area of 1,740 miles, which is approximately eleven-tenths times as big as the contiguous United States (MapFight). Venezuela has many characteristics that make it such a unique such as its history, culture, government, trade, geography, weather, and climate. These characteristics allow Venezuelans to express themselves and their individuality as a country.…

    • 1204 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    But the tremendous wealth that the oil industry generates has never impacted the lives of Venezuela's working class. More than 80 percent live in poverty. One percent of the population owns 60 percent of the arable land.…

    • 2291 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Removing the corruption from within the government was a top priority for Progressive Presidents and activists. Due to the great gap between the upper and lower classes in America, this also led to trust busting during this period, the breakout of outrageously wealthy trust organizations such as General Electric. Many laws were passed during this period to enforce these ideas, such as the Federal Farm act of 1916, the Clayton Antitrust Act of 1914, and the Meat Inspection Act. The first similarity between the two periods is the ten year overlap at the end of the 19th century. These were both periods of great advancements in the United States, but otherwise they stood for very different principles. The primary difference between the two period…

    • 236 Words
    • 1 Page
    Good Essays
  • Good Essays

    As the author Depersio demanded, “The price of oil is one of the most heavily watched trends in economics, as it has an effect on Venezuela” Consequently, because of the oil prices affects, Venezuela have been dramatically in the worst form of being a country going from one of the highest economies to a very low economy in the world. The low oil prices have been affected Venezuelans and many companies that have benefited from the oil and also the good economy. Oil has gone down for a high amount,Venezuela have to hit $111 a barrier, but they are only getting $33 a barrel the lowest rate in more than a decade. As a result of this effect in Venezuela economy, companies have also been in a lower financial shape because if the companies are benefiting from the oil and the oil made the economy really low, also the companies will be affected. Another consequence that had oil prices caused is that Venezuela have declined more that 350,000 barrels per day because domestic consumption and smuggling have been falling. One company that is affect is Petróleos de Venezuela, S.A. is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil, as well as exploration and production of natural gas (PDVSA). One example that tells us that this company is being affected is “PDVSA was in bad financial shape even before the oil price collapse, and since it began it has become worse”(Monaldi #3). This company wasn't in good shape the oil production and the oil prices made the company be more in dangerous. Consequently the issues happening in Venezuela because of the really low economy can continue like that for many more years. According to the article Columbia Sipa says, “Venezuela macroeconomic crisis will likely get worse for lack of adjustment in an election year, there is even a small probability of hyperinflation and a…

    • 1319 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Corruption In Haiti Essay

    • 666 Words
    • 3 Pages

    In 2010 Haiti suffered from a 7.0 magnitude, leaving 2 million people homeless. After this tragedy Haiti received a great amount of personnel and foreign aid from the International Monetary Fund (IMF), World Health Organization (WHO), and citizens all over the world. Six years later, there are still hundreds of tent camps filled with people, and thousands of people are still outside the half built, half destroyed, Port-au-Prince palace. The people live in front of the nation's capital are jobless and helpless, there is no clean water besides the water NGOs are bringing in, no electricity, and they rely on the NGOs bringing them their next meals. Haiti is still suffering from the natural disaster that happened six years ago, but a lot more more should have been done.…

    • 666 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Ever since Venezuela gained independence, the country had many national problems, such as high poverty rates, and a wide social gap between the wealthy, minority European group, and the poor majority African and native decent Venezuelan citizens. The past 200 years, especially the last 20 years this country made many great leaps to address these social problems. Under the leadership of Hugo Chávez who took office in 1999, he led the country to become a more socialist and equal country (“Hugo Chávez”). The social gap between the rich and the poor narrowed and many social and cultural rights were given to its people. Although under Chávez’s leadership this country have made great leaps in…

    • 2302 Words
    • 10 Pages
    Better Essays
  • Good Essays

    The United States of America is the land of the free and home of the brave. Something happened to change that; the greatest nation on earth is falling. America is now the land of slaves and home of the cowardly. As history tells time and time again that nations fall when they lose focus on God. America has forsaken its Savior, King, and God by opening the door for Satan to rule and reign supreme. America took God out of politics, schools, and The Constitution. This once great country was founded on God and His word. Politicians are corrupt as well as judges; America's legal system is all screwed up. Christians cannot uphold their beliefs without facing jail time and losing their jobs. Teachers cannot even teach anything in the bible without…

    • 1227 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Corruption and Power

    • 519 Words
    • 3 Pages

    Betrayal is often depicted in literature. Treachery often comes from unexpected places. However, in Macbeth the place where treachery comes from is not so surprising. Macbeth’s betrayal of his friends and countrymen shows the theme behind the book. Power corrupts even the best of men. His corruption and lust for power leads him to these betrayals. Three separate betrayals occurred in Macbeth: the betrayal of King Duncan a leader, of a friend Banquo and finally his countrymen Macduff’s family.…

    • 519 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Corruption In America

    • 1713 Words
    • 7 Pages

    Human beings are social animals, and we survive through our own efforts and other people’s help. Yet we can also see that indifference exists among us. With the increase of our population number, people seem to be not so willing to help others or care others and this is a problem that should attract our attention. Moreover, with the accumulation of social wealth, people are becoming less motivated or corrupted. In the movie Chinatown, and the autobiography of Carlos Bulosan America is in the Heart, we can find how indifference and corruption play important roles in these two works. Obviously, from a common perspective, it is not right to be indifferent or corrupted, but why people are becoming that way? The aim of this paper is to find those…

    • 1713 Words
    • 7 Pages
    Powerful Essays