Prospects for Venezuela in 2016
Friday, November 27, 2015
Subject
Prospects for Venezuela in 2016.
Significance
The conduct and results of the December 6 National Assembly elections will shape political and economic prospects in 2016. The contest will not presage stability, reform or consensus; instead, gridlock and a deepening of polarisation is expected. Amid an erosion of President Nicolas Maduro's already waning credibility, mobilisation for a recall referendum will be the focus of opposition activity. The grave economic situation will remain a background consideration for both the government and its opponents.