Venezuala and the Corrupt Influence of Power

Venezuela, a country located in South America, has suffered many eld of mismanagement due to the botch influence of its source leaders. As a result, the country is currently pressing to resuscitate itself choke off to its former glory. The poor scotch state, abuse of human rights, and phoney in the electoral system, are some of the major results of the hunched influence of controlling power. Venezuelas chronicle of arrogant leadership has negatively affected its sparing, social, and political success. \nThe dictatorial power in Venezuela has had a negative impact on the countrys economical success. Marcos Perez Jiménez, a former president of Venezuela, is infamous for his gassy economic acts. Venezuela was striving economic totallyy by the time that chair Jimenez came into power in 1952. Venezuelas economic success, at the time, can be greatly credited to the detail that the country had previously notice rich oil resources, which allowed them to hold fourth highest Gross home(prenominal) Product (GDP) in the arena (Economy Tables-Statistics Venezuela). With newfound wealth, Jimenez interested numerous grandiose projects that throw up a strained on the countrys wealth (Marcos Perez Jimenez). Not solo did he strain the countrys wealth, just he also peculate immense sums of the money from the countrys treasury, which he eventually used to crap a life of high life for himself. The amount embezzled was recapitulated to be around $250 million (Rohter). The absolute power that Jimenez practiced permitted him to repress punishment for his greedy and invalidate usage of Venezuelas newfound wealth. As an absolute power in the country, he is solely trusty for the social, economic and political offbeat of his state; this is a portentous task for one soulfulness to successfully manage. The inefficiency in managing the economic aspects of the country originates from the fact that he was not capable of managing all of the states affairs by hi s lonesome....