Season 2, Episode 14: Francisco Rodriguez, The Human Consequences of Economic Sanctions

Send us a textJoin 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 SanctionsCrisis in VenezuelaVenezuela Economy  The Rise and Fall of a PetrostateHugo Chavez History of the Venezuelan Oil Industry US Economy US SanctionsInternational Financial Statistics US Maximum PressureNicolás MaduroUnilateral Sanctions Secondary SanctionsJuan GuaidóCitgoSanctions During the Venezuela CrisisHow Latin America Has Been Shaped⭐️ Thank you for listening!➡️ Sign up for the newsletter: https://bit.ly/subscribeBCJS➡️ Website: bookclubwithjeffreysachs.org 🎉 Don't forget to subscribe and share your favorite episode with your friends! 📣 Leave a rating and tell us what you thought about this episode!

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