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The Future of Venezuela: Oil and Politics

April 18, 2013

Venezuela has the largest unconventional oil reserves in the world and very low geological risks. Paradoxically, it has a declining oil industry, despite being in the middle of the most significant resource windfall in history. What will the post-Chavez era mean for the country’s politics and its faltering oil industry? Francisco Monaldi, Robert F. Kennedy Visiting Professor at Harvard Kennedy School, addressed these questions and more at a Belfer Center seminar in April. A video of the event can be found here.