Today, Explained Do sanctions work?
Aug 19, 2019
Daniel Drezner, a Professor of International Politics at Tufts University, dives into the complexities of U.S. sanctions, particularly focusing on Venezuela. He discusses the harsh realities of the country's economic collapse, marked by extreme hardship and mass migration. Drezner critically examines whether sanctions are effective or counterproductive, emphasizing their unintended humanitarian consequences. He also sheds light on the historical evolution of sanctions, illustrating challenges and their implications for both Venezuela and its neighbors.
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Venezuela's Crisis
- Venezuela's economic collapse is causing immense hardship, including starvation and a mass exodus of over 4 million people.
- Many Venezuelans are walking to neighboring countries with minimal savings, seeking better living conditions.
Maduro's Grip on Power
- Maduro maintains power through military support, emphasizing a united front against the U.S.
- He uses torture and murder to suppress dissent within the military, as evidenced by the death of a Navy captain.
How Sanctions Ideally Work
- Ideally, sanctions work as a deterrent, influencing the target country to change its policy without being imposed.
- The sender country issues a quid pro quo threat, outlining the economic consequences of non-compliance.