Oil makes up one-third of Venezuela's entire GDP, and the United States is far and away Venezuela's largest trading partner. Relations between Venezuela and the United States, traditionally close for most of the last two centuries, began to fray as the end of the Cold War altered the international environment.

Current Issues in U.S.-Venezuelan Relations explores relations between these two countries since 1999, when Hugo Chavez came to office and proceeded to change Venezuela's historical relation with the United States and other democracies. The authors analyze the reasons for rising bilateral conflict, the decision-making process in Venezuela, the role played by public and private actors in shaping foreign policy, the role of other powers such as China, Russia, Iran, and Saudi Arabia in shaping U.S.-Venezuelan relations, the role of Venezuela in Cuba and Colombia, and the impact of broader international dynamics in the bi-lateral relations.

Reviews

"No one has better explained the strange relationship between the United States and Hugo Chavez's Venezuela than Javier Corrales and Carlos Romero. In their words, Venezuela has chosen to ally with "Lilliputians" like Nicaragua and "international pariahs," like Iran and North Korea, to project anti-Americanism while remaining a reliable oil supplier. This superb study of convoluted charisma also contributes theoretically to our understanding of international relations."

—Robert A. Pastor, American University

"This study closely examines the US-Venezuela relationship, the most complex and contentious of the US relationships with Latin America. Theoretically informed and well researched, the study provides a nuanced analysis useful to any scholar working in the area. It will also be an important book for any course on US-Latin American relations."

—David Mares, UC San Diego

"In this theoretically grounded volume, Javier Corrales and Carlos Romero provide a thorough f Venezuela’s evolving foreign policy towards the United States and the world during the government of Hugo Chávez. The authors demonstrate a fine command of the nuances of Venezuelan foreign and domestic politics during the past decade. They deploy this to great effect by integrating international and domestic explanations for the increasingly adversarial tenor of the bilateral relationship between the United States and Venezuela. This should prove a valuable addition to scholarship on Venezuela and its place in the world."

—Harold Trinkunas, Naval Postgraduate School

Contents

Part I: U.S.-Venezuela Relations and IR Theory 1. Introduction: Old Themes, and Variation. Part II: Neorealism, Soft Balancing, and Mid-Level Security Threats. 2. Venezuela’s New Foreign Policy Through the Prism of Neorealism 3. U.S. Responses: The Rise and Decline of Emulation Part III: Beyond Neorealism: Economics, Ideas, and Institutions. 4. Oil’s Double Role and the Concept of ...