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Subject
Prospects for Venezuela in 2016.
Significance
The conduct and results of the December 6 National Assembly elections will shape political and economic prospects in 2016. The contest will not presage stability, reform or consensus; instead, gridlock and a deepening of polarisation is expected. Amid an erosion of President Nicolas Maduro's already waning credibility, mobilisation for a recall referendum will be the focus of opposition activity. The grave economic situation will remain a background consideration for both the government and its opponents.
Keywords:
Venezuela,
LA/C,
PROSPECTS 2016,
economy,
industry,
international relations,
politics,
debt,
election,
exchange rate,
fiscal,
government,
growth,
legislation,
monetary,
oil,
opposition,
party,
policy,
prices,
referendum
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2015
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