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Protests, Polarisation, and Instability in Venezuela: Why Should the Caribbean Care?

Cusack, AK; (2014) Protests, Polarisation, and Instability in Venezuela: Why Should the Caribbean Care? Caribbean Journal of International Relations and Diplomacy , 2 (1) pp. 99-111. Green open access

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Abstract

Owing to generalised participation in Petrocaribe and increasingly also the Bolivarian Alliance for the Peoples of Our America (ALBA), the destinies of certain Caribbean states have rarely been so intertwined. Yet, with Venezuela – the undeniable lynchpin of these schemes – shaken by violent unrest, there is a real threat to continuation of the generous funding that it provides. Indeed, because ALBA and Petrocaribe funding is channelled largely through parallel governance structures centred on the state oil company PDVSA, this threat is even more significant than many realise, albeit not as imminent as suggested by foreign media. With few alternative donors or investors lining up to replace the support offered by Venezuela, Caribbean recipients of Venezuela’s special and differential treatment

Type: Article
Title: Protests, Polarisation, and Instability in Venezuela: Why Should the Caribbean Care?
Open access status: An open access version is available from UCL Discovery
Publisher version: https://journals.sta.uwi.edu/iir/index.asp?action=...
Language: English
Keywords: Venezuela, Petrocaribe, ALBA, Caribbean, Governance, Regionalism
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Science and Technology Studies
URI: https://discovery.ucl.ac.uk/id/eprint/1477139
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