Luxembourg Income Study

New Report Finds that Economic Sanctions Are Often Deadly and Harm People's Living Standards in Target Countries

Retrieved on: 
Thursday, May 4, 2023

The report, " The Human Consequences of Economic Sanctions ," by economist Francisco Rodríguez , reviews 32 studies that assess the impact of economic sanctions on living standards.

Key Points: 
  • The report, " The Human Consequences of Economic Sanctions ," by economist Francisco Rodríguez , reviews 32 studies that assess the impact of economic sanctions on living standards.
  • It shows that 30 of these analyses found significant declines in living standards in sanctions-targeted countries, including Afghanistan, Iran, and Venezuela — three case studies that demonstrate how sanctions contribute to widespread harm, including death.
  • New report finds economic sanctions harm people in target countries, including by contributing to increases in mortality, poverty, and inequality.
  • "Whether sanctions hurt regular people in the target countries is a hotly debated topic," Rodríguez says, "but it shouldn't be.