Venezuelan Crisis and Regional Integration

1528
DOI: 10.20542/0131-2227-2017-61-5-79-87

V. Kheifets, (jeifets@gmail.com),
St. Petersburg State University, 7/9, Universitetskaya Nab., St. Petersburg 199034, Russian Federation;
L. Khadorich (lkhadorich@gmail.com),
p>St. Petersburg State University, 7/9, Universitetskaya Nab., St. Petersburg 199034, Russian Federation 

Acknowledgements. The article has been supported by a grant of the Russian Foundation for Humanities (RFH). Project No. 15-31-01016.


Abstract. Modern Venezuela has nothing to do with stability and development. Caracas, run into debt, is suffering diplomatic defeats one after another. Political and economic crisis captured the country, and the government seems to be incapable of retrieving the situation. The opposition between the government and the National Assembly creates the threat of unconstitutional or even military actions. Yet the international community, including the major multilateral blocks like UNASUR involved in peaceful settlement, lacks adequate means as well as political will either to help the country in crisis resolution, or to prevent the internal institutional conflict from influencing regional processes. However, the question is whether the Venezuelan crisis affects the regional integration, or it has become just an indicator of the deadlock of innumerable Latin American integration models happened to be politically and ideologically determined to a certain extent, and thereby inefficient in the context of geopolitical shift within the continent, after new leaders appeared in Argentina and Brazil? Anyway, Caracas almost for sure has got its regional leadership bogged down in an attempt to relieve itself from any responsibility for the crisis. In that context, an unexpected activity of the new Secretary General of the OAS, Luis Almagro, attracts attention. Backed by the Venezuelan government during the elections to the office, L. Almagro now has chosen firm and consistent position against N. Maduro, introducing new approaches designed to reestablish the role of the OAS in the Americas. 

Keywords: Venezuela, OAS, MERCOSUR, UNASUR, Latin American integration 


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For citation:
Kheifets V., Khadorich L. Venezuelan Crisis and Regional Integration. World Eonomy and International Relations, 2017, vol. 61, no. 5, pp. 79-87. https://doi.org/10.20542/0131-2227-2017-61-5-79-87



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