Michael Galant
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michael-galant.bsky.social
Michael Galant
@michael-galant.bsky.social
Left internationalism; IMF & sanctions policy @ CEPR; Secretariat and NIEO @ Progressive International; DSA IC; Opinions my own (he/him)
Migrants should be welcomed to the US. But they also shouldn't be starved into leaving their homes in the first place.

Economic sanctions are incompatible with reducing migration to the US.

Read the issue brief here: cepr.net/publications... (7/7)
Economic Sanctions: A Root Cause of Migration
Examine the role of economic sanctions in shaping migration patterns and their significant impact on affected populations.
cepr.net
March 4, 2025 at 4:20 PM
In 2022, the CBP encountered more Cubans than any other nationality besides Mexico. Shocking for such a small country.

Venezuela is the single fastest-growing country of birth of immigrants in the US since "maximum pressure" began in 2017. (6/7)
March 4, 2025 at 4:20 PM
In Venezuela, "maximum pressure" sanctions were the leading cause of an economic crisis equivalent to THREE great depressions.

Per CEPR Senior Fellow Francisco Rodriguez, >4 million of the 7 million migrants that left Venezuela did so because of sanctions. (5/7)
March 4, 2025 at 4:20 PM
In the case of Cuba, Trump-Biden sanctions have fueled a humanitarian crisis that led to the emigration of TEN PERCENT of the population in just 2 years. (4/7)
March 4, 2025 at 4:20 PM
Now, first-of-its-kind research by Jerg Gutmann, Pascal Langer, and Matthias Neuenkirch confirms the logical conclusion:

US-EU sanctions increase migration from targeted countries by >20%!! (3/7)
www.sciencedirect.com/science/arti...
March 4, 2025 at 4:20 PM
We already know for a fact that:
(1) Adverse economic conditions fuel migration.
(2) Economic sanctions can have devastating economic and humanitarian consequences. (2/7)
cepr.net/publications...
The Human Consequences of Economic Sanctions
cepr.net
March 4, 2025 at 4:20 PM