In Venezuela, the government is in shape of a presidential democracy. Thereby, the directly elected President is also the head of state and executives chief. The government has a lot of direct democratic elements. Furthermore, a strong separation of powers between the five powers, legislative, executive, judiciary, civil violence and electoral violence. The new Constitution of Venezuela prohibits the privatization of the petroleum industry and the social security sector. There is also a free education for the people and projects to reactivate ploughed land. Nevertheless, the Constitution respects the private property on means of production. The rebuilding of government and society will be achieved by referendum.
In the presidential elections in December 1998, Chavez won 56 percent of the votes. 88 percent of the electorate voted for a constituent assembly in April 1999. In December 1999, 71 percent of the electorate was for the new constitution of the state, which is now called "Bolivarian Republic of Venezuela". With the so-called "Bolivarian Revolution" from the so-called "Bolivarian Constitution", the separation of powers with the help of direct democratic participation opportunities should be implemented. Both the Congressmens as well as the President may be voted out from the middle of its six-year term by referendum. The president is the one head of state and head of government. The current office-holder since the 2nd of February 1999 is Hugo Chávez. The vice president is Jorge Rodriguez.
From a total of three planned legislative packages, the first was adopted by the Venezuelan National Assembly on 21 August 2007; The president should have been be re-electable for unlimited times. His governing period should have been taken seven years instead of six. Also the National Bank and all foreign currency deposits in the country should have become under his direct control. The constitutional changes were defeated by a narrow majority in a referendum.
According to the National Assembly the Parliament is the National Assembly with a unicameral legislature, and five-year legislative period. The National Assembly has 165 seats, of which the left Party (Movimiento Quinta República ") by Chávez, currently has 76. Other government parties are the left parties, "the Movimiento Podemos” and “Patria Para Todos". The opposition is supported by six other parties. These parties are the leftist party Movimiento al Socialism, "the Socialist party" Acción Democrática (AD), the Conservative Party "Proyecto Venezuela, the Christian Social Party" Comité de Organización Política Electoral Independiente” (COPEI), the fairly liberal party "Primero Justicia" and the left party “La Causa Radical”. One of two trade union confederations, is the "Confederación de Trabajadores de Venezuela (CTV)”, 1936 founded, she joined the Confederation of Free Trade Unions and got part of the opposition. The other is the "Union Nacional de Trabajadores (UNT). It was founded in 2004 and supports the Bolivarian process. UNT currently has about four times as many members as the CTV.
The management structure of the country consists of 23 states and a capital district. Most of the federal districts are islands.
Venezuela is a member of the United Nations and its sub-organizations. Among these organizations are the "Latin American Economic System", the "Organization of American States", "G-15", "G-24" and "G-77", the "OPEC", the "Amazon Pact", the "South American Union" and the "community of Caribbean states." Venezuela is a founding member of the "Bolivarian Alternative para las Américas".
Although Venezuela got a 3 billion debt in 1998, on 12 April 2007, with the eradication of the last installment, it is debt free to the World Bank and the International Monetary Fund (IMF). The World Bank and International Monetary Fund are "mechanisms of imperialism", President Chavez announced on April 30, 2007 to withdraw his country from these institutions.