May 1, 2013
By Ben Miller It’s the kind of list few incoming leaders would envy. Soaring unemployment. Rampant inflation. Food shortages. Slumping export demand. A yawning budget deficit. Lack of investment. And a weakened political mandate.
But these are just some of the challenges facing Nicolás Maduro, Venezuela’s new president. The choices he makes are likely to have far-reaching consequences not only for his party, but for the course the nation charts for the next generation.
However, a brewing power struggle within his party and the imperative to prove his credentials – as heir to the legacy of former president Hugo Chávez – could force Maduro to entrench the populist policies of his predecess
A narrow and disputed election win by Nicolás Maduro opens the way for greater changes in Venezuela’s economic management