Without Venezuela’s Chavez, ALBA Could Turn to China

Venezuela president Hugo Chavez.
Venezuela president Hugo Chavez.

Although it is difficult to predict the precise course of Venezuela’s current leadership transition, it is almost certain that President Hugo Chavez will pass away within the coming weeks or months. His departure will impact not only Venezuela, but also the Bolivarian Alliance for the Americas (ALBA), the regional bloc that Chavez founded to promote his vision of Bolivarian socialism. While conventional wisdom assumes these impacts will be mostly negative, this is not necessarily the case. In fact, another outcome is possible: A rejuvenated ALBA could take shape, one centered on a new coalition of pragmatists and restructured around economic […]

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