How South America let Venezuela down
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2017
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The political, economic and humanitarian crisis in the country with the world’s largest proven oil reserves was not only entirely predictable, but could most likely have been prevented by a more assertive and imaginative regional diplomatic strategy. Yet a rare combination of factors, ranging from a power vacuum in South America, Brazil’s role as an enabler and a growing influence by extra-regional powers such as China and Russia has visibly reduced the region’s capacity to help Venezuela overcome its domestic problems. © 2017, SETA. All rights reserved.