Sanctions against Venezuela have reduced PDVSA and the Maduro regime's revenues, but they have failed to lead to a path toward democracy or avert Venezuela’s economic and humanitarian collapse. The authors offer policy options for the new administration's consideration.
This brief is part of a series of Baker Institute recommendations for the Biden administration.
https://doi.org/10.25613/scns-td13
Feb. 23, 2021, 6:38 p.m.