University at Albany, State University of New York Scholars Archive Latin American, Caribbean, and U.S. Latino Latin American, Caribbean, and U.S. Latino Studies Honors Program Studies Fall 2019 Venezuelan Refugee Crisis: A Consequence of U.S. Economic Sanctions Joel Alexander Lopez University at Albany, State University of New York,
[email protected] Follow this and additional works at: https://scholarsarchive.library.albany.edu/lacs_honors Part of the Latin American Studies Commons Recommended Citation Lopez, Joel Alexander, "Venezuelan Refugee Crisis: A Consequence of U.S. Economic Sanctions" (2019). Latin American, Caribbean, and U.S. Latino Studies Honors Program. 9. https://scholarsarchive.library.albany.edu/lacs_honors/9 This Honors Thesis is brought to you for free and open access by the Latin American, Caribbean, and U.S. Latino Studies at Scholars Archive. It has been accepted for inclusion in Latin American, Caribbean, and U.S. Latino Studies Honors Program by an authorized administrator of Scholars Archive. For more information, please contact
[email protected]. Venezuelan Refugee Crisis: A Consequence of U.S. Economic Sanctions ALC S 495: LACS Departmental Honors Project Fall 2019 Joel Alexander Lopez Escobar 1 Introduction Significant trends of outward migration from Venezuela date back to the 1998 election of former Venezuelan president Hugo Chavez. These migratory trends may be attributed to a number of reasons such as political corruption, economic mismanagement and hyper-dependency on oil. Venezuelans have since fled from the political turmoil and extreme economic recession that continues to ravage their country and impoverish their families at an alarming rate. However, it was not until the year 2017 that migration in Venezuela skyrocketed into the state of crisis it is in today.