The World Trade Organization estimates that more than 65 million people globally are refugees or displaced persons. Beyond the human dimensions of this tragedy, destination and transit countries face enormous financial and social costs in sheltering these people. The global community’s response has mostly been short-term aid, insufficient to support durable solutions.
One notable proposal for providing longer-term support for host and transit countries and their refugee communities is to harness trade relief measures that could provide economically viable solutions.
Venezuela suffers from a profound and multifaceted crisis. Years of mismanagement have led to a crippling economic contraction and an inflation rate projected to reach 1,000,000 percent in 2018. Citizens are chronically short of food and medicine and face some of the world’s highest levels of violence. The governing regime has systematically dismantled democratic checks and balances, consolidating power through fraudulent elections, violent repression and the cynical use of scarcity as a tool of control.
WRC Research Paper No. 5
Series: World Refugee Council Research Paper Series
Author: Sarah Deardorff Miller
World Refugee Council Research Paper No. 4 — August 2018
Sarah Deardorff Miller
Authors: Eileen Pittaway Linda Bartolomei