This new and expanded edition of Dragon in the Tropicsthe widely acclaimed account of how president Hugo Chavez (19992013) revamped Venezuela s political economyexamines the electoral decline of Chavismo after Chavez s death and the policies adopted by his successor, Nicolas Maduro, to cope with the economic chaos inherited from previous radical populist policies. Corrales and Penfold argue that Maduro has had to struggle with the inherent contradictions of a large and heterogeneous social coalition, a declining oil sector, the strength of entrenched military interests, and fewer resources to...