sanctions Archives - Public Seminar

Economy

How Sanctions Contributed to Venezuela’s Economic Collapse

Despite claims that they targeted the Maduro regime, sanctions had indiscriminate effects on the country

January 17, 2023 • by Francisco Rodríguez

This essay was originally published by The Global Americans and is reprinted with permission During the past decade, Venezuela lived through the largest economic contraction documented in the history of the Western Hemisphere. The implosion took place at the same time as the U.S. government barred oil purchases, froze government bank ...

How Sanctions Contributed to Venezuela’s Economic Collapse

A syllabus from the Historians for Peace and Democracy

Sanctions are now the preferred economic weapon that the United States uses to pressure, discipline and coerce enemies and even allies. Sanctions restrict targeted states from importing, exporting and receiving investments; they prohibit US corporations and banks from dealing with those countries, and they limit the economic activities of individuals in ...