Michael Penfold
Michael Penfold is a prominent political scientist and expert on Venezuelan politics, known for his analyses of the governance challenges facing the country under the Chavista regime. He has emphasized that the collapse of Venezuela's oil industry is primarily a governance issue rather than solely a consequence of international sanctions. His insights highlight the need for deep structural reforms within the state-owned oil company, Pdvsa, to restore its operational capacity and attract foreign investment. Penfold's work is influential in understanding the complexities of Venezuela's political and economic crises.
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Spain:
Michael Penfold is a political scientist who is part of the Commission for Democratic Coexistence and Peace.
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Uruguay:
Michael Penfold explains how Nicolás Maduro turned the military into allies with economic and political interests linked to the regime's stability.
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Venezuela:
Michael Penfold stated that the collapse of the oil industry in Venezuela is more a governance issue than sanctions.
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