Institute for the Study of the Americas

The period of Venezuelan history covered by the majority of the pamphlets currently held in this collection is one dominated politically by the consequences of the 1958 Pact of Punto Fijo. This was an agreement between the main civilian parties of the day, Accion Democrática (AD), the Partido Social Cristiano de Venezuela (COPEI) and the Unión Republicana Democrática (URD) on a common programme and an informal sharing power sharing arrangement, which basically saw AD and COPEI alternate in government until 1989. Though this system provided electoral stability, it gradually eroded trust in the democratic process and in the accountability of Venezuela's leaders to the needs of its people, culminating in the 1989 riots precipitated by AD President Carlos Andrés Peréz's economic reforms. As well as materials produced by the mainstream parties there are also items originating from left-wing groups and guerrilla organisations ostracised from the political process, trade unions and pressure groups concerned with issues such as the rights of women and indigenous peoples. Venezuela's economy is largely sustained by its state-owned oil industry, and there are several government-produced pamphlets here appertaining to that.