Season 2, Episode 14: Francisco Rodriguez, The Human Consequences of Economic Sanctions
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Join Professor Jeffrey Sachs and economist Francisco Rodriguez as
they discuss Professor Rodriguez’s newest publication, The Human
Consequences of Economic Sanctions. Prof. Rodriguez is an expert
on the use of unilateral economic sanctions - when one country
imposes economic costs on another, and shares insights on the US
as the main user of such unilateral economic sanctions.
Professor Rodriguez offers us a comprehensive assessment of the
effects of unilateral sanctions on the living standards in target
countries. The effects of sanctions are dramatic: rising poverty,
falling living standards, and premature deaths. These
consequences go far beyond politics, and hit the civilian
population very hard. Professor Sachs and Rodriguez offer a
fascinating discussion that sheds light on economic warfare, and
how it is deployed in the world today.
The Book Club with Jeffrey Sachs is brought to you by the SDG
Academy, the flagship education initiative of the UN Sustainable
Development Solutions Network. Learn more and get involved at
bookclubwithjeffreysachs.org.
Footnotes:
Economic Sanctions
Crisis in Venezuela
Venezuela Economy
The Rise and Fall of a Petrostate
Hugo Chavez
History of the Venezuelan Oil Industry
US Economy
US Sanctions
International Financial Statistics
US Maximum Pressure
Nicolás Maduro
Unilateral Sanctions
Secondary Sanctions
Juan Guaidó
Citgo
Sanctions During the Venezuela Crisis
How Latin America Has Been Shaped
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