Globalization: Are You In or Are You Out?

Venezuela engrossed in economic, political, and humanitarian crisis

Venezuela is in the midst of political and economic turmoil which in turn has led to a dire humanitarian situation, including severe food and medicine shortages. Venezuela relies heavily on oil revenue, but the drop in oil prices and strict price controls have led to inflation and shortages of basic necessities. Thousands have fled the country in seek of refuge from increasing poverty and violence.

Actions by the increasingly autocratic government, including blocking humanitarian assistance and detaining opposition, have sparked massive protests in the country as well as international condemnation. The Organization of the American States (OAS) has threatened to expel Venezuela and Mercosur, South America’s trade bloc, suspended Venezuela in 2016.

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