Corruption and Politics in Latin America 2010
DOI: 10.1515/9781685855345-008
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7 Venezuela: Corruption in a Petrostate

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“…This occurred in Argentina as Presidents in the early 2000s up through 2015 changed the makeup of the supreme court to serve their own respective interests (Blake and Kohen, 2010). Hugo Chavez in Venezuela in 2004 acted in a similar manner, increasing the number of Supreme Court Justices to pack the court with his allies, effectively eroding the judiciary as a key source of accountability (Gates, 2010). Mih alyi and Szel enyi (2016) also found that in developed democratic societies, institutions were often created for the purpose of rentssuggesting that we should not only be weary of captor actors taking control of institutions of accountability as David-Barrett (2021) suggests, but we should also consider who and how such institutions were created and for what purpose.…”
Section: Literature Review 31 State Capturementioning
confidence: 99%
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“…This occurred in Argentina as Presidents in the early 2000s up through 2015 changed the makeup of the supreme court to serve their own respective interests (Blake and Kohen, 2010). Hugo Chavez in Venezuela in 2004 acted in a similar manner, increasing the number of Supreme Court Justices to pack the court with his allies, effectively eroding the judiciary as a key source of accountability (Gates, 2010). Mih alyi and Szel enyi (2016) also found that in developed democratic societies, institutions were often created for the purpose of rentssuggesting that we should not only be weary of captor actors taking control of institutions of accountability as David-Barrett (2021) suggests, but we should also consider who and how such institutions were created and for what purpose.…”
Section: Literature Review 31 State Capturementioning
confidence: 99%
“…In the 20 th century up until the 1980s, Latin American countries continued down the path of corruption, which was often grand in nature. Gates (2010) notes that in the case of Venezuela, corruption was often facilitated by the strong role of the state. Consequently, politicians used the state for their own personal gain often siphoning off resources from state-owned enterprises such as the Venezuelan state-owned oil company PDVSA.…”
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confidence: 99%
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