page_title: Carlos Andrés Pérez
hierarchical_section_title: Carlos Andrés Pérez
caption_attribution_description: DAVOS/SWITZERLAND, JAN 1989 - (fltr) Klaus Schwab and Venezuela’s President-elect Carlos Andrés Pérez at the Annual Meeting of the World Economic Forum in Davos in 1989. Copyright World Economic Forum (http://www.weforum.org)
context_page_description: Carlos Andrés Pérez Rodríguez also known as CAP and often referred to as El Gocho, was a Venezuelan politician, President of Venezuela from 12 March 1974 to 12 March 1979 and again from 2 February 1989 to 21 May 1993. His first presidency was known as the Saudi Venezuela due to its economic and social prosperity thanks to enormous income from petroleum exportation. However, his second period saw a continuation of the economic crisis of the 1980s, and saw a series of social crises, a popular revolt and two coup attempts in 1992. In May 1993 he became the first Venezuelan president to be forced out of the office by the Supreme Court, for the embezzlement of 250 million bolívars belonging to a presidential discretionary fund.
context_section_description: Carlos Andrés Pérez Rodríguez (27 October 1922 – 25 December 2010) also known as CAP and often referred to as El Gocho (due to his Andean origins), was a Venezuelan politician, President of Venezuela from 12 March 1974 to 12 March 1979 and again from 2 February 1989 to 21 May 1993. His first presidency was known as the Saudi Venezuela due to its economic and social prosperity thanks to enormous income from petroleum exportation. However, his second period saw a continuation of the economic crisis of the 1980s, and saw a series of social crises, a popular revolt (denominated Caracazo) and two coup attempts in 1992. In May 1993 he became the first Venezuelan president to be forced out of the office by the Supreme Court, for the embezzlement of 250 million bolívars (roughly 2.7 million US dollars) belonging to a presidential discretionary fund.
caption: Pérez at the Annual Meeting of the World Economic Forum in 1989.
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