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Venezuela: Government Structure — Presidential Republic, the BCV, and the Authoritarian Drift
This article examines the institutional and constitutional governance structure of Venezuela, detailing the centralization of executive power under the 1999 Constitution. It analyzes the erosion of the legislative authority of the National Assembly and the systematic loss of independence of the Central Bank of Venezuela. Finally, it outlines the creation of parallel governance bodies and the deep integration of military officers into civilian administrative roles.
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◉ ViewUnderstandingGovernment & Fiscal Policy › Fiscal Policy
Authoritarian vs. Democratic Governance — The Economic Record
Does democracy produce better economic outcomes than authoritarianism? The answer is more nuanced — and more important — than political rhetoric suggests.
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