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3 Results
A map focused on Venezuela.
Venezuela's Oil Mythologies Have Hindered Its Development
Cultural myths — and by extension, the suppositions they inspire — have played a major role in shaping Venezuela's relationship with and management of oil resources throughout much of the last 100 years, writes nonresident fellow Luis Pacheco. To achieve sustainable economic and social development, Venezuela must move beyond such beliefs and establish a new approach that is more attuned to current times.
Luis A. Pacheco February 5, 2018
Oil donkey
Latin America Initiative | Issue Brief
Is Resource Nationalism Fading in Latin America? The Case of the Oil Industry
With the recent approval of Mexico's energy reform and the current enthusiasm of South American governments to attract foreign investment in oil, one might be tempted to conclude that the tide of resource nationalism is receding in the region. Nevertheless, the cycles of investment and expropriation that have characterized the oil sector in Latin America are unlikely to go away.
Francisco J. Monaldi September 3, 2014