Could Venezuela’s oil production decline even more steeply? Three evolving developments will largely determine the answer: whether creditors can seize assets in compensation for default, whether large numbers of oil workers continue to abandon their jobs, and whether the United States and other countries impose additional sanctions.
Lisa Viscidi, Nate Graham
Articles & Op-Eds ˙
˙ World Politics Review
On May 3, the Inter-American Dialogue in partnership with the Institute for Integrated Transitions (IFIT) hosted an event titled “Inside Perspectives on Possible Scenarios in Venezuela”. This discussion, moderated by Michael Camilleri, featured panelists Margarita López Maya from Tulane University, Michael Penfold from the Instituto de Estudios Superiores de Administración, and Orlando Ochoa, an independent economist and consultant. The conversation explored the situation in Venezuela and offered possible scenarios for the near term including their expected risks, opportunities, and trend lines.