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Here are 5 global problems cheaper oil may fuel

Cindy Arnson

This articles looks at the repercussions of falling oil prices in the world. Cynthia Arnson, Director of the Latin American Program, is quoted on how this affects the Venezuelan government.

[...] Cynthia Arnson, Director of the Latin American Program at the Woodrow Wilson International Center for Scholars said the decline in oil prices “really chips away at the Chavista base because there’s less money to spread around.” Hugo Chavez’s successor, Nicolas Maduro already cracked down on protests in February, throwing a key opposition leader in jail, she noted. And Maduro moved against another opponent this week, with prosecutors charging her in an alleged plot to assassinate the Venezuelan president. With domestic subsidy programs at risk, “the [government’s] main tool is to deepen the repression,” Arnson said. [...] To read the full article, click here.

About the Author

Cindy Arnson

Cynthia J. Arnson

Distinguished Fellow, Latin America Program
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Latin America Program

The Wilson Center’s prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the Wilson Center’s strength as the nation’s key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action.  Read more