The Washington DC-based Center for Economic and Policy Research (CEPR) published a report Thursday on the effects of US sanctions against Venezuela
The 27-page paper was authored by economists Mark Weisbrot and Jeffrey Sachs, who determined that sanctions have “inflicted very serious harm to human life” in Venezuela.
“The sanctions are depriving Venezuelans of lifesaving medicines, medical equipment, food, and other essential imports,” Weisbrot, Co-Director of CEPR, said in a press release. For his part, Sachs added, “American sanctions are deliberately aiming to wreck Venezuela’s economy and thereby lead to regime change.”
The report’s authors based their claims on estimates of excess mortalities contained within Venezuela’s National Survey on Living Conditions, known as Encovi. The annual survey of living conditions is administered by three Venezuelan universities. It found there was a 31 per cent increase in general mortality from 2017 to 2018 – representing more than 40,000 deaths.
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