Editor’s Note: This is the final piece in a three-part series examining the impact of declining oil prices in Latin America. Click here to read part one and part two.
By Allison Fedirka
Summary Colombia, Ecuador and Venezuela are all currently experiencing some degree of social unrest due to low oil prices. In Colombia and Ecuador, policies introduced by the government to combat falling prices have been unfavorably received by the public. Meanwhile, in Venezuela, there is an extremely high level of unrest and dissatisfaction with the government. Low oil prices have completely destabilized the national economy and threaten the livelihoods of the general public.
In the past two weeks, we have examined how major oil producing countries in Latin America have handled the decline in oil prices. As we saw in part one of this series, Mexico stands out as a country that has managed to financially confront lower oil prices while maintaining a stable political environment. In part
South America Explained in Maps
Your geopolitical cheat sheet