Author: Santiago Sordo Palacios
With support from the Honors Program, I recently attended a symposium at Georgetown University’s School of Foreign Service; titled “Venezuela: Charting the Future,” the symposium brought together scholars, policymakers, business leaders, and civil leaders to discuss how the United States, Latin America, and the global community can facilitate economic growth, social peace, and political stability in Venezuela.
I applied for an Honors Ambassadorial Grant to attend the symposium to support work on my senior thesis, which uses a game theoretical model of political survival to understand why chavismo (the political movement founded by former president Hugo Chavez) has survived in Venezuela since 1999. The purpose of my project is to identify the equilibrium levels of taxation, private goods, and public goods that Hugo Chavez and Nicolas Maduro have selected throughout their presidencies.
As a mathematics and economics joint major, I was prepared to work with the model. However, I did not have the necessary background in Latin American economics and political theory to apply it. Fortunately, at the symposium, I learned about potential data sources, key economic and political developments in Venezuela, and I networked with the panelists.
I thank the Honors Program for awarding me an Ambassadorial Grant and Dr. Barbara Stolz, an adjunct professor at Georgetown University, whom I met through the Honors Alumni Network, for inviting me to attend the symposium.