Responses to Venezuelan Petro-Politics in the Greater Caribbean

Anthony P. Maingot

in Venezuela's Petro-Diplomacy

Published by University Press of Florida

Published in print January 2011 | ISBN: 9780813035307
Published online September 2011 | e-ISBN: 9780813038292 | DOI:
Responses to Venezuelan Petro-Politics in the Greater Caribbean

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The chapter focuses on Venezuelan petro-politics in the Greater Caribbean, through an analysis of Petrocaribe, an influential instrument of Venezuelan foreign policy in the region. The intention behind PetroCaribe is to help integrate the Greater Caribbean region under a comprehensive program geared toward the “transformation” of these societies. The chapter elaborates the terms of Venezuela's PetroCaribe Energy Cooperation Agreement. A comparison of the U.S. versus Venezuela's foreign policy in the Greater Caribbean highlights that beyond oil and medical attention, Venezuela's “soft power” program of material and ideological inducements cannot compete with the attractions and “pull” of the U.S. Venezuela's efforts in the region have exemplified that the countries will seldom turn down economic assistance when they need it, but how they respond politically to that assistance will depend on their own political culture and realities.

Keywords: Venezuela; petro-politics; Greater Caribbean; PetroCaribe; soft power; political culture

Chapter.  5156 words. 

Subjects: Society and Culture

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