The Venezuelan Crisis

Venezuela’s Fall

Once a haven for international immigrants, Venezuela has seen a complete collapse of its democratic rights and economy due to ‘anti-imperialistic’ sentiment, economic mismanagement and political chaos. Since the inauguration of Nicolas Maduro as its’ president, Venezuela has fallen into economic despair with its hyperinflation of 929, 797% in 2018, as estimated by the International Monetary Fund. In addition to that, the constant violation of human rights and lack of legitimacy of its politicians has lead to severe international sanctions by the United States, the European Union, and several other countries.

In the country’s capital, Venezuelans queue for food from a supermarket

The Aftermath

Statistics aside, the social effects of the Venezuelan economic and political crisis is simply described as terrifying. With the collapse of the economy comes, food shortages, lack of electricity, unemployment, lack of medication and access to healthcare. If this isn’t terrifying enough to the everyday reader, the infant and maternal mortality rate have almost doubled as reported by The Lancet. This can be due to the astounding lack of medical resources within hospitals, with 79% of most hospitals lacking running water supply, as estimated by The Guardian. This leads to the spread of previously eradicated diseases in the nation such as Malaria.

Despite being one of the countries richest in petroleum, the nation is in chaos. The Venezuelan people have been protesting on the streets for almost 2 years now. Furthermore, these protesters are also faced with extreme violence from the National Guard with rubber bullets and tear gas being thrown at unarmed protesters. With a migration exodus of almost 4.5 million people, the end of the Venezuelan crisis is still nowhere in sight.

Venezuelan protests in its’ capital state, Caracas.

By Graciely Estefanie

References
Amnesty | The Atlantic | CNBC | Bloomberg | The Lancet | The Guardian