The bilateral relationship between the two countries has a number of dynamics with varying complexities. The regional contextual relationship between the US and Venezuela had a dramatic changes post the cold war era. The US government has shown overextension of its approaches to the Venenzuala case by pushing for democratization with much focus on people centred leadership in the region. However, Venezuela as the case of other Latin states has had significant emphasis maintenance of their sovereignty. The conflict of interest with US position shown massively in their policies on economic sanctions have affected the relationship between the two countries.
Garman, C., Haggard, S., & Willis, E. (2001). Fiscal decentralization: A political theory with Latin American cases. World Politics, 53 (02), 205-236.
The paper talks about the fiscal federalism with a focus on its role in efficiency. The process of federalism is also discussed in depth explaining its nature, extent and practice within the region. The document has developed a theory to assisting in understanding political accountability between the various politicians at varying levels of federal government. Finally the documents talk about the problems of the political decentralization of Venezuela and policies of the United States. The federal government relationship affects the operations and success of the country through policy formulations and associated interests.
Aitken, B., Harrison, A., & Lipsey, R. E. (1996). Wages and foreign ownership A comparative study of Mexico, Venezuela, and the United States. Journal of International Economics, 40 (3), 345-371.
References
Aitken, B., Harrison, A., & Lipsey, R. E. (1996). Wages and foreign ownership A comparative study of Mexico, Venezuela, and the United States. Journal of international Economics, 40(3), 345-371.
Garman, C., Haggard, S., & Willis, E. (2001). Fiscal decentralization: A political theory with Latin American cases. World Politics, 53(02), 205-236.