Richard Melson

October 2006

Braudel Institute

www.braudel.org.br

Braudel Papers:

Oil and Democracy in Venezuela - Fernand Braudel Institute

Rubens Ricupero
Chairman of the Board of Directors

Dear reader:

We take pleasure in sending you, together, two new editions of Braudel Papers, the newspaper of research and opinion of the Fernand Braudel Institute of World Economics, on "
Oil and Democracy in Venezuela," by Norman Gall, the Institute’s executive director.

This two-part essay is the fruit of ten months of meticulous research in which the author, also editor of Braudel Papers, analyzes in depth the polarizing figure of Hugo Chávez and his "Bolivarian Revolution."

The essay contained in these two editions also explores the long-term processes in Venezuelan economy and society, activated by social marginality and oil revenues, that resulted in what we are seeing today. In the opinion of Venezuelan and international specialists, this essay is possibly the most complete and penetrating study yet published on the Chávez phenomenon.

Norman Gall, a New Yorker by birth and a paulistano by choice, developed an intimacy with this theme during 45 years of research on Latin America, six of them residing in Caracas. The Fernand Braudel Institute offers with satisfaction to our friends and collaborators this valuable effort at interpretation, destined to become a benchmark reference on this controversial phenomenon.

Sincerely,

To access the publications go to www.braudel.org.br33

Braudel Papers: Oil and Democracy in Venezuela - Fernand Braudel Institute

Instituto Fernand Braudel de Economia Mundial contato@braudel.org.br

ifbe@braudel.org.br

Wed, 4 Oct 2006

Braudel Institute