2019-04-26: Economic Sanctions as Collective Punishment: The Case of Venezuela

Mark Weisbrot and Jeffrey Sachs | Center for Economic and Policy Research

Excerpts::

  • Research found that American sanctions on Venezuela resulted in more than 40,000 deaths from 2017–2018.
  • The economic sanctions imposed on Venezuela by the US government since 2017 reveals significant harm to the civilian population.
  • The sanctions severely affected the health, well-being, and mortality of large numbers of Venezuelans, especially among the poorest citizens, including infants and children.
  • The recognition of an unelected parallel administration created broad financial and economic issues far beyond the stated language of Trump's executive orders.
Weisbrot, M. & Sachs, J. (2019). Economic Sanctions as Collective Punishment: The Case of Venezuela. Center for Economic and Policy Research. Retrieved online on April 25, 2019 from bit.ly/sanctions-venezuela

More: cepr.net/publications/reports/economic-s…

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