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Center for Energy Studies



The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI

Francisco J. Monaldi | Igor Hernández | Jose La Rosa Reyes

The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI.

Venezuela, which has one of the largest hydrocarbon endowments in the world, offers a striking case study on the resource curse, write Francisco Monaldi, Igor Hernández and José La Rosa.

This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”