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

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 by the War in Ukraine
• Diaspora

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