This paper discusses the results of the 2013 Elections in Venezuela with the newly elected Nicolas Maduro vowing to preserve legacy of Chavez and Capriles refusal in accepting the official election calling for a protest. More specifically, the paper looks at Venezuela’s economic performance under Chavez and questions the sustainability of the economic policies of the former president. At the current stance, inflation is predicted to rise to reach 29% in 2013, violence is also predicted to rise, and this very small margin in victory for Maduro only proves that Venezuela more divided than was originally predicted.
I. Introduction
II. Venezuela Election Results 2013
III. Venezuela Economic Performance
IV. Forecast of Venezuelan Economy
V. Facts evaluation
Vi. Conclusion
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