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STUDIES OF THE AMERICAS VENEZUELA, ALBA, AND THE LIMITS OF POSTNEOLIBERAL REGIONALISM IN LATIN AMERICA AND THE CARIBBEAN Asa K. Cusack Studies of the Americas Series Editor Maxine Molyneux Institute of the Americas University College London London, UK The Studies of the Americas Series includes country specific, cross- disciplinary and comparative research on the United States, Latin America, the Caribbean, and Canada, particularly in the areas of Politics, Economics, History, Anthropology, Sociology, Anthropology, Development, Gender, Social Policy and the Environment. The series publishes monographs, readers on specific themes and also welcomes proposals for edited collec- tions, that allow exploration of a topic from several different disciplinary angles. This series is published in conjunction with University College London’s Institute of the Americas under the editorship of Professor Maxine Molyneux. More information about this series at http://www.palgrave.com/gp/series/14462 Asa K. Cusack Venezuela, ALBA, and the Limits of Postneoliberal Regionalism in Latin America and the Caribbean Asa K. Cusack Latin America and Caribbean Centre London School of Economics and Political Science London, UK Studies of the Americas ISBN 978-1-349-95002-7 ISBN 978-1-349-95003-4 (eBook) https://doi.org/10.1057/978-1-349-95003-4 Library of Congress Control Number: 2018944426 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover image: Westend61 / Getty Images Cover design: Fatima Jamadar Printed on acid-free paper This Palgrave Macmillan imprint is published by the registered company Springer Nature America, Inc. The registered company address is: 1 New York Plaza, New York, NY 10004, U.S.A. For Shay, the best of men A cknowledgements As any student of regionalism will tell you, there is no escape from the fact that every level matters: the global, the regional, the national, the local, and often even the individual. To analyse a given regional governance project even in theory is a serious undertaking, but to try to get down to the nuts and bolts of real-world implementation is even more daunting. Member-states must be visited, histories read, cultures absorbed, political landscapes surveyed, stakeholders identified, contacts made, trust gained, pertinent questions asked, data analysed, and ultimately a coherent account produced. There is no getting around the size of the task, but thankfully it is rarely one that is taken on alone, and my case is no different. One of the longstanding constraints on understanding the Bolivarian Alliance for the Peoples of Our America (ALBA) has undoubtedly been the very practical issue of fieldwork, which is both prohibitively expensive and uniquely valuable. As such, I would like firstly to thank the UK Economic and Social Research Council (ESRC) for its funding of the original research for this project, as well as for its part in the joint Sheffield Institute for International Development-ESRC fellowship that enabled a second period of primary research. My gratitude also to the Institute of Latin American Studies (ILAS), part of the University of London’s School of Advanced Study, for the postdoctoral Stipendiary Fellowship which was crucial in allowing me to make sure this research would see the light of day via these pages. But fieldwork alone does not a research project make, so thanks first of all to Jean Grugel, Graham Harrison, and Nicola Phillips for their aca- demic insight and personal dedication during the long gestation of this vii viii ACKNOWLEDGEMENTS work, as well as to Maxine Molyneux for her judicious guidance at critical moments. Likewise, Carlos Romero and Rosalba Linares in Venezuela, Ernesto Vivares and Fredy Rivera in Ecuador, and Matt Bishop and Norman Girvan in the Caribbean also contributed in many and varied ways to the development of this project through their support and advice. Though they must largely remain nameless, direct participants—ranging from heads of state and ministers to activists and everyday citizens—were fundamentally important to this research, and I very much appreciated their willingness to engage openly and meaningfully, often in the hope that lessons could be learnt. In Venezuela particularly, the friendship and generosity of David Chávez Sáez and Cristina Daza was also crucial. On the editorial side at Palgrave Macmillan, thanks to Sara Doskow, Anca Pusca, Chris Robinson, Katelyn Zingg, and especially the long-suffering Anne Schult for finding the right balance of patience, encouragement, and vigilance along the rocky road from proposal to printed page. And finally, my gratitude—and my apologies—to those forced to follow this one-man telenovela from start to finish: Shay, Mar, Barry, Conor, Noel, Gid, Mathilde, and especially Jen, thank you for continuing to tune in even when the plotlines started to repeat themselves and the perfor- mances became decidedly unconvincing. I promise you that the drama is over. Until the next exciting episode… c ontents 1 A pproaching Venezuela, ALBA, and Postneoliberalism 1 2 G etting to Grips with ALBA’s Brand Governance 27 3 The National Roots of ALBA 57 4 T he People’s Trade Agreement (TCP) 93 5 T he Unified Regional Compensation System (SUCRE) 119 6 Petrocaribe 153 7 Venezuela, ALBA, and the Limits of Postneoliberal Regionalism 191 Index 213 ix l f ist of igures Fig. 1.1 Geography of ALBA membership 5 Fig. 2.1 Official representation of ALBA’s governance structure 36 Fig. 5.1 Value of SUCRE trade, 2010–2016 129 Fig. 5.2 Value of individual trade relationships within the SUCRE zone, Jan–Jun 2012 129 Fig. 5.3 Balances of SUCRE trade by participating state, 2011 130 Fig. 6.1 Impact of Petrocaribe on effective price of oil imports, 2003– April 2016 165 xi

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