Foreign Policy Of The Hugo Chávez Administration
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Foreign Policy Of The Hugo Chávez Administration
The foreign policy of the Hugo Chávez administration concerns the policy initiatives made by Venezuela under its former President, Hugo Chávez, towards other states. Chávez's foreign policy may be roughly divided into that concerned with United States-Venezuela relations and that concerned with Venezuela's relations with other states, particularly those in Latin America and developing countries on other continents. In many respects the policies of the Chávez government were substantially different from the previous administrations that governed Venezuela. Venezuela chaired the Group of 77 in 2002. Policy Latin American integration Hugo Chávez refocused Venezuelan foreign policy on Latin American economic and social integration by enacting bilateral trade and reciprocal aid agreements, including his so-called "oil diplomacy". Chávez stated that Venezuela has "a strong oil card to play on the geopolitical stage ... It is a card that we are going to play with toughness ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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Barter
In trade, barter (derived from ''baretor'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and an ...
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Open Market
The term open market is used generally to refer to an economic situation close to free trade. In a more specific, technical sense, the term refers to interbank trade in securities. In economic theory Economists judge the "openness" of markets according to the amount of government regulation of those markets, the scope for competition, and the absence or presence of local cultural customs which get in the way of trade. In principle, a fully open market is a completely free market in which all economic actors can trade without any external constraint. In reality, few markets exist which are open to that extent, since they usually cannot operate without an enforceable legal framework for trade which guarantees security of property, the fulfillment of contractual obligations associated with transactions, and the prevention of cheating. A physical open market is a space where anyone wishing to trade physical goods may do so free of selling charges and taxes, and has come to be regard ...
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North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The agreement came into force on January 1, 1994, and superseded the 1988 Canada–United States Free Trade Agreement between the United States and Canada. The NAFTA trade bloc formed one of the largest trade blocs in the world by gross domestic product. The impetus for a North American free trade zone began with U.S. president Ronald Reagan, who made the idea part of his 1980 presidential campaign. After the signing of the Canada–United States Free Trade Agreement in 1988, the administrations of U.S. president George H. W. Bush, Mexican President Carlos Salinas de Gortari, and Canadian prime minister Brian Mulroney agreed to negotiate what became NAFTA. Each submitted the agreement for r ...
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Dominican Republic-Central America Free Trade Agreement
Dominican may refer to: * Someone or something from or related to the Dominican Republic ( , stress on the "mi"), on the island of Hispaniola in the Greater Antilles, in the Caribbean ** People of the Dominican Republic ** Demographics of the Dominican Republic ** Culture of the Dominican Republic * Someone or something from or related to the Commonwealth of Dominica ( , stress on the "ni"), an island nation in the Lesser Antilles, in the Caribbean ** People of Dominica ** Demographics of Dominica ** Culture of Dominica * Dominican Order, a Catholic religious order Schools * Dominican College (other), numerous colleges throughout the world * Dominican School of Philosophy and Theology, Berkeley, California, United States * Dominican University (Illinois), River Forest, Illinois, United States * Dominican University of California, San Rafael, California, United States * Dominican University New York Dominican University New York is a private college in Orangebur ...
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Free Trade Area Of The Americas
The Free Trade Area of the Americas (FTAA) was a proposed agreement to eliminate or reduce the trade barriers among all countries in the Americas, excluding Cuba. Negotiations to establish the FTAA ended in failure, however, with all parties unable to reach an agreement by the 2005 deadline they had set for themselves. Still, contemporary discourses have not been invalidated – re-newed talks are anticipated . History In the last round of negotiations, trade ministers from 34 countries met in Miami, Florida, in the United States, in November 2003 to discuss the proposal. The proposed agreement was an extension of the North American Free Trade Agreement (NAFTA) between Canada, Mexico, and the United States. Discussions have faltered over similar points as the Doha Development Round of World Trade Organization (WTO) talks; developed nations sought expanded trade in services and increased intellectual property rights, while less developed nations sought an end to agricultural subsi ...
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Washington Consensus
The Washington Consensus is a set of ten economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Monetary Fund (IMF), World Bank and United States Department of the Treasury.Williamson, John"What Washington Means by Policy Reform", in: Williamson, John (ed.): ''Latin American Readjustment: How Much has Happened'', Washington: Peterson Institute for International Economics 1989. The term was first used in 1989 by English economist John Williamson. The prescriptions encompassed free-market promoting policies in such areas as macroeconomic stabilization, economic opening with respect to both trade and investment, and the expansion of market forces within the domestic economy. Subsequent to Williamson's use of the terminology, and despite his emphatic opposition, the phrase Washington Consensus has come to be used fairly widely in a second, b ...
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Globalization
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialization''), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and international diplomacy are also large parts of the history of globalizat ...
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Neoliberal
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas diminish in popul ...
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Pew Research
The Pew Research Center is a nonpartisan American think tank (referring to itself as a "fact tank") based in Washington, D.C. It provides information on social issues, public opinion, and demographic trends shaping the United States and the world. It also conducts public opinion polling, demographic research, random sample survey research and panel based surveys, media content analysis, and other empirical social science research. The Pew Research Center does not take policy positions, and is a subsidiary of The Pew Charitable Trusts. History In 1990, the Times Mirror Company founded the Times Mirror Center for the People & the Press as a research project, tasked with conducting polls on politics and policy. Andrew Kohut became its director in 1993, and The Pew Charitable Trusts became its primary sponsor in 1996, when it was renamed the Pew Research Center for the People & the Press. In 2004, the trust established the Pew Research Center in Washington, D.C. In 2013, Kohut st ...
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Daniel Ortega
José Daniel Ortega Saavedra (; born 11 November 1945) is a Nicaraguans, Nicaraguan revolutionary and politician serving as President of Nicaragua since 2007. Previously he was leader of Nicaragua from 1979 to 1990, first as coordinator of the Junta of National Reconstruction (1979–1985) and then as President of Nicaragua (1985–1990). In the 1984 Nicaraguan general election, Ortega won Nicaragua's presidential election as the FSLN's candidate. A Marxist–Leninist, Ortega pursued a program of nationalization, land reform, wealth redistribution, and the Nicaraguan Literacy Campaign during his first period in office. A leader in the Sandinista National Liberation Front ( es, Frente Sandinista de Liberación Nacional, FSLN), he implemented policies to achieve leftist reforms across Nicaragua. In later years, Ortega's left-wing radical politics cooled significantly, leading him to pursue pro-business policies and even rapprochement with the Catholic Church. This was followed i ...
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South–South Cooperation
South–South cooperation (SSC) is a term historically used by policymakers and academics to describe the exchange of resources, technology, and knowledge between developing countries, also known as countries of the Global South. The Global South is making increasingly significant contributions to global development. The economic and geopolitical relevance of many countries has grown. In the past, south-south cooperation focused on sharing knowledge and building capacities, but the countries of the Global South and new financial institutions have recently also become increasingly active in development finance. History The formation of SSC can be traced to the Asian–African Conference that took place in Bandung, Indonesia, in 1955 which is also known as the Bandung Conference. The conference has been largely regarded as a milestone for SSC cooperation. Indonesia's president at that time, Sukarno, referred to it as "the first intercontinental conference of coloured peoples in th ...
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