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Bryan Navarro
BSTM 3Y1-6
Mrs. Velasco
 Venezuela is a country on the northern coast of
South America with diverse natural attractions.
Along its Caribbean coast are tropical resort
islands including Isla de Margarita and the Los
Roques archipelago. To the northwest are the
Andes Mountains and the colonial town of
MĂ©rida, a base for hiking Sierra Nevada
National Park. Caracas, the capital, is to the
north.
Spanish Language - Spanish is one of the official
languages in Venezuela
Indigenous languages
Wayuu
Warao
Pemon
Mapoyo
Panare
Puinave
PĂ©mono
Sapé
Sikiana
Yabarana
Yaruro
Venezuelan bolĂ­var
History
 The bolĂ­var was adopted by the monetary law
of 1879, replacing the short-
lived venezolano at a rate of five bolĂ­vares to
one venezolano. Initially, the bolĂ­var was
defined on the silver standard, equal to 4.5g
fine silver, following the principles of
the Latin Monetary Union. The monetary law
of 1887 made the gold bolĂ­var unlimited legal
tender, and the gold standard came into full
operation in 1910.
Exchange rates
Venezuelan Bolivar 1.00 VEF
inv. 1.00 VEF
US Dollar 0.158718
6.300500
Euro 0.139443
7.171379
British Pound 0.104048
9.610980
Indian Rupee 10.332478 0.096782
Australian Dollar 0.220077
4.543861
Canadian Dollar 0.206662
4.838822
Singapore Dollar 0.222756
4.489208
Caracas
Capital
Caracas officially Santiago de LeĂłn de Caracas, is the
capital, the center of the Greater Caracas Area, and
the largest city of Venezuela. Caracas is located in the
northern part of the country, following the contours of the
narrow Caracas Valley on the Venezuelan coastal mountain
range Terrain suitable for building lies between 760 and
910 m (2,490 and 2,990 ft) above sea level. The valley is
close to the Caribbean Sea, separated from the coast by a
steep 2,200 m (7,200 ft) high mountain range, Cerro El Ávila;
to the south there are more hills and mountains.
The Metropolitan District of Caracas is made up of five
municipalities: Libertador Municipality which is the only
administrative division of the Venezuelan Capital District, and
four other municipalities, which are within in Miranda
State: Chacao,Baruta, Sucre, and El Hatillo. Libertador holds
many of the government buildings and is the Capital
Venezuela Flag
Venezuela's flag is a
yellow, blue, and red
horizontal tricolor with
eight white stars in a
semicircle in the center
and the coat of arms on
the yellow stripe on the
hoist side. The
Venezuelan independence
leader Francisco de
19th-century changes
1810–1812 1813-1814 1817–1819
1830–1836
1836–1859 1859 1859–1863
1863–1905
Venezuela is a federal
presidential republic. The
chief executive is
President
of Venezuela who is both
head of state and head
of government. Executive
power is exercised by the
President. Legislative
power is vested in the
National Assembly.
 Venezuela is home to the world's highest
waterfall, Angel Falls and the second longest
river in South America, the Orinoco. It also
has the longest coastline on the Caribbean sea.
Venezuela is the world's fifth-largest oil
exporter and also has vast untapped reserves of
natural gas. Ecologically, Venezuela is
considered among the 20 Megadiverse
countries of the planet; more than 40% of its
national territory is covered by protected areas.
By air
The main international airport is Simon Bolivar International
Airport located in the Vargas state. It is approximately a 30-
minute ride from Caracas. Buses are available during the day,
departing from Parque Central next to Calle del Sur. Buses run
from 7AM-6PM, and cost 18BsF per passenger. A taxi ride
from the airport will cost Bs. 150,000/ US$70 and during the
day, or Bs. 200,000 / US$93 and US$37) at night. There are
international flights to Maracaibo and Valencia from cities
such as Miami, but the choices are very limited.
You can travel non stop from the US and most major
European cities.
United Airlines links Caracas to Houston and Newark
(Seasonal) weekly. American Airlines offers daily flights from
Miami, San Juan, Dallas and New York JFK. Delta Airlines
offers a daily flight from Atlanta. Air Canada offers a direct
flight from Toronto four times a week. Santa Barbara offers
By Land
Venezuela has road links with Colombia and Brazil. The road
crossing to Brazil, not far from the frontier town of Santa Elena de
Uairén, is a long way from most tourist destinations in Venezuela
and so not a common point of entry. Border controls are tight and all
travelers arriving from Boa Vista are expected to have visas. The
Venezuelan consulate in Boa Vista is on Av Benjamin Constant.
Venezuela's main connection with Colombia is from CĂșcuta to
Venezuela's frontier town of SanAntonio del TĂĄchira, which itself is
about 50 km from the busy Andean city of San CristĂłbal. For a day
visit to CĂșcuta no visa documents are required but border controls
are otherwise very tight with frequent searches. The border area can
be dangerous and visitors are advised to pass through quickly. JUL
2012: the border controls are now very relaxed and nobody even
stopped me on my way from Venezuela to Colombia nor searched
my luggage. It is possible to take a local bus directly from San
Cristobal to Cucuta for 25 BSF, but note that locals do not need to
stamp their passports, and the bus will not wait for you while you
are undertaking the migration procedures. If you are leaving
Venezuela by land from San Antonio to Cucuta, you are obliged to
pay the annoying BSF 90 departure tax, so do not change all your
bolivares in Venezuela. Actually, you will get better rates in Cucuta.
You may also leave Venezuela by way of the ParaguachĂłn-
Los llanos
Los Llanos, or The
Plains, is a vast
grassland that straddles
Venezuela and
Columbia. The Orinoco
River that runs through
it forms the border
between the two
countries, and is the
main river in
Los Roques Los Roques Archipelago
National Park was created
in 1972 by the Venezuelan
government to protect a
marine ecosystem of
exceptional beauty and
ecological . It is the
largest marine park in the
Caribbean Sea. The
almost untouched coral
reefs host some of the
most beautiful underwater
fauna and flora of the
Angles Falls
Angel Falls is one the
most popular tourist
attractions in Venezuela
as it is the highest
uninterrupted waterfalls
in the world. It is 978
meters (3,208 feet) tall,
and drops off the side of
Auyantepui Mountain in
Canaima National Park
in Bolivar State.
Choroni
Choroni is generally
known as one of
Venezuela’s best
Caribbean beaches,
though the town itself
actually sits slightly
inland, boasting some
fine colonial houses
around a quiet central
plaza.
Isla Margarita
Isla Margarita, the
largest island off the
northeastern coast of
Venezuela, is a great
place to do some
beachcombing. With 50
beaches strung out over
the coastline, popular
activities include wind-
and kite-surfing,
especially at Playa el
Mochima National Park
ochima National Park
is located on the
northeastern coast and
is designed to protect
the marine
environment as well
as the forests of the
Turimiquire
mountains.
Mount Roraima
Mount Roraima is a
tabletop mountain (or
tepuy) than sits at an
elevation of 2,810
meters (9,220 feet).
While most of Roraima
lies in Venezuela, it also
marks the point where
Brazil and Guyana join
that country. The only
way visitors can climb
to the plateau however is
Unique Culture
People
Venezuela has a rich cultural heritage. From the
original Venezuelan natives to the Spanish and Africans
who arrived after the Spanish conquest, the 17th century
waves of immigration brought many Italians, Portuguese,
Arabs, Germans, Moroccan Jews, and others from the
bordering countries of South America. About 93% of
Venezuelans live in urban areas in the northern part of the
country. Even though almost half of the land area is south
of the Orinoco River, only 5% of the population live in that
area. More than 96% of the population call
themselves Catholic. The rest belong to other churches,
Since the 1920s the Venezuelan
state has invested in developing
and maintaining a national
culture through the arts. The
two areas that have most
benefited from this support
have been literature and music.
Caracas features a publicly
financed symphony orchestra
that plays not only classical
genres but also the more
nationalistic genre
of joropos. The state also
supports several museums that
house some of the national
artistic production. The three
prime ones are: the Museum of
Fine Arts, which was founded
in 1938; the Museum of
Colonial Art, which is located
in an eighteenth century house;
Art
Music music of Venezuela is exemplified by
the groups Un Solo
Pueblo and Serenata Guayanesa. The
national musical instrument is
the cuatro. Typical musical styles and
pieces mainly emerged in and around
thellanos region, including Alma
Llanera (by Pedro ElĂ­as
Gutiérrez and Rafael Bolíva
Coronado), Florentino y el
Diablo (by Alberto Arvelo
Torrealba), Concierto en la
Llanura (by Juan Vicente Torrealba),
and Caballo Viejo
The Zulian gaita is also a popular
style, generally performed during
Christmas. The national dance is the
Venezuelan literature can be
traced to pre-Hispanic times with
the myths and ora literature that
formed the cosmogonic view of the
world that indigenous people had.
Some of these stories are still
known in Venezuela. Like
many Latin American countries, the
Spanish conquerors have had the
greatest effect on both the culture
and the literature. The first written
documents by the Spanish
colonizers are considered to be the
origin of Venezuela's written
literature. This has included
chronicles, letters, acts, etc.
Venezuela's first major writer
was Andrés Bello. Venezuelan
literature developed in the 19th
century with the formation of
Literature
Venezuela, like most South American
nations, is a predominantly Catholic nation.
The influence of the Catholic Church was
introduced in its colonization by Spain.
According to the 2011 census, 88 percent of
the population is Christian,
primarily Roman Catholic (71%), and the
remaining 17 percent Protestant.
The Venezuelans without religion are 8%
(atheist 2% and agnostic or indifferent 6%),
almost 3% of the population follow other
religion (1% of them are of Santeria).
There are small but
influential Muslim, Buddhist,
and Jewish communities. The Muslim
community of more than 100,000 is
concentrated among persons
of Lebanese and Syrian descent living
in Nueva Esparta State, Punto Fijo and
the Caracas area. Buddhism in Venezuela is
practiced by over 52,000 people. The
Buddhist community is made up mainly
of Chinese, Japanese, and Koreans. There
are Buddhist centers in Caracas, Maracay,
Los Tambores
de Barlovento
Los Tambores de
Barlovento is held to
mark the official start
of the wet season.
Held on 24 June, the Feast
of John the Baptist is one
of the Venezuela’s most
significant events with the
city of Caracas perhaps
featuring the most
enthusiastic celebrations.
The festival sees locals
take to the streets for an
uninhibited display of
dancing as African drums
are pounded and mantras
are chanted. The festival
lasts the entire day and is
Feast of
John the
Baptist
The feast of San Benito is
celebrated with enthusiasm
by the people of Lake
Maracaibo on account of
San Benito being the patron
saint of the region.
Celebrations are conducted
during Christmas week and
last up until New Year’s
Day.
San Benito
el Moro
Arepa is a flatbread made of
ground maize dough or cooked
flour prominent in the cuisine
of Colombia and Venezuela. It
is eaten daily in those countries
and can be served with various
accompaniments such as
cheese (cuajada), avocado, or
(especially in Venezuela) split
and used to make sandwiches.
Various sizes, maize types, and
added ingredients are used to
vary its preparation. It is
similar in shape to
the Mexican gordita and
the Salvadoran pupusa. Arepas
can also be found
in Panama,Puerto Rico,
Arepa
An empanada also
called pastel in Portugues
e and patein Haitian
Creole) is a
stuffed bread or pastry ba
ked or fried in many
countries in Latin
Europe, Latin America,
the Southwestern United
States, and parts
of Southeast Asia. The
name comes from
the Galician, Portuguese,
and Spanish
Empana
da
An hallaca is a dish
of beef, pork, chicken,
fish or other seafood's,
mixed
with raisins, capers,
and olives and wrapped
in cornmeal dough, all
folded within plantain
leaves, tied with strings,
and boiled or steamed
afterwards. It is typically
served during
the Christmas holiday.
In the Dominican
Hallaca
Originally inhabited by Carib and Arawak Indians, Venezuela was claimed as a
Spanish territory by Christopher Columbus in 1498. Spanish rule was administered
from a distance, leaving the various regions to develop separately from the
capital, Caracas. In the 18th century, an attempt to inject a measure of unification
by the Spanish was met with widespread resistance and uprisings led by SimĂłn
Bolívar, national hero and revered independence ‘Liberator’. Bolívar’s dream
mega-territory – Gran Colombia – composed of present-day
Venezuela, Colombia and Ecuador, collapsed through violent in-fighting. Instead,
in 1830, Venezuela became a sovereign state, led by José Paéz. The precise
territorial limits were not, however, well defined, and Venezuela's borders have
since been the subject of periodic disputes with its neighbors.
The exploitation of the country's substantial oilfields began in 1918. The huge
deposits triggered an oil boom, similar to the cacao and coffee booms of the 17th
and 19th century respectively. In each case, the wealth was largely export driven,
making a small elite spectacularly rich but failing to develop the country’s wider
economy, leaving the majority poor and exploited. Widespread political corruption
and cronyism was the norm. Strong-arm military leaders ran the country throughout
most of the first half of the 20th century, until democracy was introduced in 1958.
In the 1980s, successive governments struggled to stabilize the country and the
economy in the face of persistent social and labor unrest. In 1992, a number of

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Tour10 venezuela - navarro

  • 2.  Venezuela is a country on the northern coast of South America with diverse natural attractions. Along its Caribbean coast are tropical resort islands including Isla de Margarita and the Los Roques archipelago. To the northwest are the Andes Mountains and the colonial town of MĂ©rida, a base for hiking Sierra Nevada National Park. Caracas, the capital, is to the north.
  • 3. Spanish Language - Spanish is one of the official languages in Venezuela Indigenous languages Wayuu Warao Pemon Mapoyo Panare Puinave PĂ©mono SapĂ© Sikiana Yabarana Yaruro
  • 5. History  The bolĂ­var was adopted by the monetary law of 1879, replacing the short- lived venezolano at a rate of five bolĂ­vares to one venezolano. Initially, the bolĂ­var was defined on the silver standard, equal to 4.5g fine silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolĂ­var unlimited legal tender, and the gold standard came into full operation in 1910.
  • 6. Exchange rates Venezuelan Bolivar 1.00 VEF inv. 1.00 VEF US Dollar 0.158718 6.300500 Euro 0.139443 7.171379 British Pound 0.104048 9.610980 Indian Rupee 10.332478 0.096782 Australian Dollar 0.220077 4.543861 Canadian Dollar 0.206662 4.838822 Singapore Dollar 0.222756 4.489208
  • 8. Caracas officially Santiago de LeĂłn de Caracas, is the capital, the center of the Greater Caracas Area, and the largest city of Venezuela. Caracas is located in the northern part of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range Terrain suitable for building lies between 760 and 910 m (2,490 and 2,990 ft) above sea level. The valley is close to the Caribbean Sea, separated from the coast by a steep 2,200 m (7,200 ft) high mountain range, Cerro El Ávila; to the south there are more hills and mountains. The Metropolitan District of Caracas is made up of five municipalities: Libertador Municipality which is the only administrative division of the Venezuelan Capital District, and four other municipalities, which are within in Miranda State: Chacao,Baruta, Sucre, and El Hatillo. Libertador holds many of the government buildings and is the Capital
  • 9. Venezuela Flag Venezuela's flag is a yellow, blue, and red horizontal tricolor with eight white stars in a semicircle in the center and the coat of arms on the yellow stripe on the hoist side. The Venezuelan independence leader Francisco de
  • 10. 19th-century changes 1810–1812 1813-1814 1817–1819 1830–1836 1836–1859 1859 1859–1863 1863–1905
  • 11. Venezuela is a federal presidential republic. The chief executive is President of Venezuela who is both head of state and head of government. Executive power is exercised by the President. Legislative power is vested in the National Assembly.
  • 12.  Venezuela is home to the world's highest waterfall, Angel Falls and the second longest river in South America, the Orinoco. It also has the longest coastline on the Caribbean sea. Venezuela is the world's fifth-largest oil exporter and also has vast untapped reserves of natural gas. Ecologically, Venezuela is considered among the 20 Megadiverse countries of the planet; more than 40% of its national territory is covered by protected areas.
  • 13. By air The main international airport is Simon Bolivar International Airport located in the Vargas state. It is approximately a 30- minute ride from Caracas. Buses are available during the day, departing from Parque Central next to Calle del Sur. Buses run from 7AM-6PM, and cost 18BsF per passenger. A taxi ride from the airport will cost Bs. 150,000/ US$70 and during the day, or Bs. 200,000 / US$93 and US$37) at night. There are international flights to Maracaibo and Valencia from cities such as Miami, but the choices are very limited. You can travel non stop from the US and most major European cities. United Airlines links Caracas to Houston and Newark (Seasonal) weekly. American Airlines offers daily flights from Miami, San Juan, Dallas and New York JFK. Delta Airlines offers a daily flight from Atlanta. Air Canada offers a direct flight from Toronto four times a week. Santa Barbara offers
  • 14. By Land Venezuela has road links with Colombia and Brazil. The road crossing to Brazil, not far from the frontier town of Santa Elena de UairĂ©n, is a long way from most tourist destinations in Venezuela and so not a common point of entry. Border controls are tight and all travelers arriving from Boa Vista are expected to have visas. The Venezuelan consulate in Boa Vista is on Av Benjamin Constant. Venezuela's main connection with Colombia is from CĂșcuta to Venezuela's frontier town of SanAntonio del TĂĄchira, which itself is about 50 km from the busy Andean city of San CristĂłbal. For a day visit to CĂșcuta no visa documents are required but border controls are otherwise very tight with frequent searches. The border area can be dangerous and visitors are advised to pass through quickly. JUL 2012: the border controls are now very relaxed and nobody even stopped me on my way from Venezuela to Colombia nor searched my luggage. It is possible to take a local bus directly from San Cristobal to Cucuta for 25 BSF, but note that locals do not need to stamp their passports, and the bus will not wait for you while you are undertaking the migration procedures. If you are leaving Venezuela by land from San Antonio to Cucuta, you are obliged to pay the annoying BSF 90 departure tax, so do not change all your bolivares in Venezuela. Actually, you will get better rates in Cucuta. You may also leave Venezuela by way of the ParaguachĂłn-
  • 15. Los llanos Los Llanos, or The Plains, is a vast grassland that straddles Venezuela and Columbia. The Orinoco River that runs through it forms the border between the two countries, and is the main river in
  • 16. Los Roques Los Roques Archipelago National Park was created in 1972 by the Venezuelan government to protect a marine ecosystem of exceptional beauty and ecological . It is the largest marine park in the Caribbean Sea. The almost untouched coral reefs host some of the most beautiful underwater fauna and flora of the
  • 17. Angles Falls Angel Falls is one the most popular tourist attractions in Venezuela as it is the highest uninterrupted waterfalls in the world. It is 978 meters (3,208 feet) tall, and drops off the side of Auyantepui Mountain in Canaima National Park in Bolivar State.
  • 18. Choroni Choroni is generally known as one of Venezuela’s best Caribbean beaches, though the town itself actually sits slightly inland, boasting some fine colonial houses around a quiet central plaza.
  • 19. Isla Margarita Isla Margarita, the largest island off the northeastern coast of Venezuela, is a great place to do some beachcombing. With 50 beaches strung out over the coastline, popular activities include wind- and kite-surfing, especially at Playa el
  • 20. Mochima National Park ochima National Park is located on the northeastern coast and is designed to protect the marine environment as well as the forests of the Turimiquire mountains.
  • 21. Mount Roraima Mount Roraima is a tabletop mountain (or tepuy) than sits at an elevation of 2,810 meters (9,220 feet). While most of Roraima lies in Venezuela, it also marks the point where Brazil and Guyana join that country. The only way visitors can climb to the plateau however is
  • 22. Unique Culture People Venezuela has a rich cultural heritage. From the original Venezuelan natives to the Spanish and Africans who arrived after the Spanish conquest, the 17th century waves of immigration brought many Italians, Portuguese, Arabs, Germans, Moroccan Jews, and others from the bordering countries of South America. About 93% of Venezuelans live in urban areas in the northern part of the country. Even though almost half of the land area is south of the Orinoco River, only 5% of the population live in that area. More than 96% of the population call themselves Catholic. The rest belong to other churches,
  • 23. Since the 1920s the Venezuelan state has invested in developing and maintaining a national culture through the arts. The two areas that have most benefited from this support have been literature and music. Caracas features a publicly financed symphony orchestra that plays not only classical genres but also the more nationalistic genre of joropos. The state also supports several museums that house some of the national artistic production. The three prime ones are: the Museum of Fine Arts, which was founded in 1938; the Museum of Colonial Art, which is located in an eighteenth century house; Art
  • 24. Music music of Venezuela is exemplified by the groups Un Solo Pueblo and Serenata Guayanesa. The national musical instrument is the cuatro. Typical musical styles and pieces mainly emerged in and around thellanos region, including Alma Llanera (by Pedro ElĂ­as GutiĂ©rrez and Rafael BolĂ­va Coronado), Florentino y el Diablo (by Alberto Arvelo Torrealba), Concierto en la Llanura (by Juan Vicente Torrealba), and Caballo Viejo The Zulian gaita is also a popular style, generally performed during Christmas. The national dance is the
  • 25. Venezuelan literature can be traced to pre-Hispanic times with the myths and ora literature that formed the cosmogonic view of the world that indigenous people had. Some of these stories are still known in Venezuela. Like many Latin American countries, the Spanish conquerors have had the greatest effect on both the culture and the literature. The first written documents by the Spanish colonizers are considered to be the origin of Venezuela's written literature. This has included chronicles, letters, acts, etc. Venezuela's first major writer was AndrĂ©s Bello. Venezuelan literature developed in the 19th century with the formation of Literature
  • 26. Venezuela, like most South American nations, is a predominantly Catholic nation. The influence of the Catholic Church was introduced in its colonization by Spain. According to the 2011 census, 88 percent of the population is Christian, primarily Roman Catholic (71%), and the remaining 17 percent Protestant. The Venezuelans without religion are 8% (atheist 2% and agnostic or indifferent 6%), almost 3% of the population follow other religion (1% of them are of Santeria). There are small but influential Muslim, Buddhist, and Jewish communities. The Muslim community of more than 100,000 is concentrated among persons of Lebanese and Syrian descent living in Nueva Esparta State, Punto Fijo and the Caracas area. Buddhism in Venezuela is practiced by over 52,000 people. The Buddhist community is made up mainly of Chinese, Japanese, and Koreans. There are Buddhist centers in Caracas, Maracay,
  • 27. Los Tambores de Barlovento Los Tambores de Barlovento is held to mark the official start of the wet season.
  • 28. Held on 24 June, the Feast of John the Baptist is one of the Venezuela’s most significant events with the city of Caracas perhaps featuring the most enthusiastic celebrations. The festival sees locals take to the streets for an uninhibited display of dancing as African drums are pounded and mantras are chanted. The festival lasts the entire day and is Feast of John the Baptist
  • 29. The feast of San Benito is celebrated with enthusiasm by the people of Lake Maracaibo on account of San Benito being the patron saint of the region. Celebrations are conducted during Christmas week and last up until New Year’s Day. San Benito el Moro
  • 30. Arepa is a flatbread made of ground maize dough or cooked flour prominent in the cuisine of Colombia and Venezuela. It is eaten daily in those countries and can be served with various accompaniments such as cheese (cuajada), avocado, or (especially in Venezuela) split and used to make sandwiches. Various sizes, maize types, and added ingredients are used to vary its preparation. It is similar in shape to the Mexican gordita and the Salvadoran pupusa. Arepas can also be found in Panama,Puerto Rico, Arepa
  • 31. An empanada also called pastel in Portugues e and patein Haitian Creole) is a stuffed bread or pastry ba ked or fried in many countries in Latin Europe, Latin America, the Southwestern United States, and parts of Southeast Asia. The name comes from the Galician, Portuguese, and Spanish Empana da
  • 32. An hallaca is a dish of beef, pork, chicken, fish or other seafood's, mixed with raisins, capers, and olives and wrapped in cornmeal dough, all folded within plantain leaves, tied with strings, and boiled or steamed afterwards. It is typically served during the Christmas holiday. In the Dominican Hallaca
  • 33. Originally inhabited by Carib and Arawak Indians, Venezuela was claimed as a Spanish territory by Christopher Columbus in 1498. Spanish rule was administered from a distance, leaving the various regions to develop separately from the capital, Caracas. In the 18th century, an attempt to inject a measure of unification by the Spanish was met with widespread resistance and uprisings led by SimĂłn BolĂ­var, national hero and revered independence ‘Liberator’. BolĂ­var’s dream mega-territory – Gran Colombia – composed of present-day Venezuela, Colombia and Ecuador, collapsed through violent in-fighting. Instead, in 1830, Venezuela became a sovereign state, led by JosĂ© PaĂ©z. The precise territorial limits were not, however, well defined, and Venezuela's borders have since been the subject of periodic disputes with its neighbors. The exploitation of the country's substantial oilfields began in 1918. The huge deposits triggered an oil boom, similar to the cacao and coffee booms of the 17th and 19th century respectively. In each case, the wealth was largely export driven, making a small elite spectacularly rich but failing to develop the country’s wider economy, leaving the majority poor and exploited. Widespread political corruption and cronyism was the norm. Strong-arm military leaders ran the country throughout most of the first half of the 20th century, until democracy was introduced in 1958. In the 1980s, successive governments struggled to stabilize the country and the economy in the face of persistent social and labor unrest. In 1992, a number of