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Punishing Civilians: U.S. Sanctions on Venezuela

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  • Mark Weisbrot
  • Jeffrey Sachs

Abstract

This article analyzes the consequences of the economic sanctions imposed on Venezuela by the U.S. government since August of 2017. The authors find that most of the impact of these sanctions has not been on the government but on the civilian population. The sanctions reduced the public’s caloric intake, increased disease and mortality (for both adults and infants), and displaced millions of Venezuelans who fled the country as a result of the worsening economic depression and hyperinflation. They made it nearly impossible to stabilize Venezuela’s economic crisis. These impacts disproportionately harmed the poorest and most vulnerable Venezuelans.

Suggested Citation

  • Mark Weisbrot & Jeffrey Sachs, 2019. "Punishing Civilians: U.S. Sanctions on Venezuela," Challenge, Taylor & Francis Journals, vol. 62(5), pages 299-321, September.
  • Handle: RePEc:mes:challe:v:62:y:2019:i:5:p:299-321
    DOI: 10.1080/05775132.2019.1638094
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    Cited by:

    1. León-Vielma, J.E. & Ramos-Real, F.J. & Hernández Hernández, J.F., 2022. "The collapse of Venezuela's electricity sector from an energy governance perspective," Energy Policy, Elsevier, vol. 167(C).
    2. Max Ajl, 2021. "A People’s Green New Deal: Obstacles and Prospects," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 10(2), pages 371-390, August.
    3. repec:gdk:wpaper:68 is not listed on IDEAS

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