Economics

Harvard Professor Says Foreign Militaries Could Help With Venezuela’s Regime Change

  • With ‘country falling apart,’ foreign assistance is needed
  • ‘The reality on the ground is beyond belief,’ Hausmann says

Ricardo Hausmann

Photographer: Christopher Goodney/Bloomberg
Lock
This article is for subscribers only.

Harvard University Professor Ricardo Hausmann has a plan to halt Venezuela’s free-fall into an economic and humanitarian crisis for the ages, and it requires help from foreign militaries.

Venezuela’s opposition-led National Assembly should use its constitutional power to impeach President Nicolas Maduro and Vice President Tareck El Aissami, and then usher in a new government to be run -- at least temporarily -- by the assembly’s leader, Hausmann said in a column published Tuesday by Project Syndicate. To ensure a democratic transition, the nation will need assistance from foreign military forces, said the country’s former planning minister, who now runs Harvard’s Center for International Development.