Venezuela on the Brink
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Venezuela on the Brink
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Narrated by:
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Kevin Stillwell
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By:
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Lisa Viscidi
About this listen
Venezuela is in the throes of its most tumultuous political and economic period in decades. The collapse of global energy prices has wreaked havoc on the country’s economy. Estimates vary, but oil production has fallen from a peak of around 3.2 million barrels per day in 1997 to somewhere between 2.2 million and 2.5 million barrels per day today. Oil and gas account for more than 95 percent of Venezuela’s revenues from exports, and the country produces few other goods. Without the money it makes from exporting energy products, Venezuela has struggled to import everything else its people need.
"Venezuela on the Brink" is from the September/October 2016 issue of Foreign Affairs.
©2016 Foreign Affairs (P)2016 Audible, Inc.