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Foreign Policy Making in America's Back Yard: The Case of Venezuela, 1936-1969

Robert Kevlihan

affiliation not provided to SSRN

October 26, 2010

This paper considers the degree to which Venezuela was able to exercise autonomy in foreign political and economic spheres over a 60 year period from the 1930s to the 1960s. An oil rich but relatively weak state, Venezuela succeeded, over time, in carving out increased levels of economic autonomy from foreign multi-nationals, often in return for political support for the regional hegemon. Venezuela’s success in this regard was somewhat dependent on external events; World War II and the Cuban revolution in particular, providing changing the opportunity structures facing the country in such a way as to facilitate economic gains by enterprising local leaders as a quid pro quo for a relatively dependent position in the foreign political sphere.

Number of Pages in PDF File: 12

Keywords: Oil, Venezuela, Foreign Policy, Latin America, Cold War, International Politics, Dependency

JEL Classification: N16, F23, N46, N56, N52, O54, P52, Q48

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Date posted: October 27, 2010  

Suggested Citation

Kevlihan, Robert, Foreign Policy Making in America's Back Yard: The Case of Venezuela, 1936-1969 (October 26, 2010). Available at SSRN: https://ssrn.com/abstract=1698191 or http://dx.doi.org/10.2139/ssrn.1698191

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