In late 2020, "Transparencia Venezuela" published a report analyzing the impact of international sanctions on Venezuela, describing the economic and political context before their application, the reasons provided and offering different interpretations of their political, social and economic effects, and thus the Venezuelan life quality as well. The report concludes that a documental analysis left clear that economic sanctions had affected public finance in Venezuela, limiting income sources and public spending, as well as restricting Petróleos de Venezuela, all of which in turn has caused harm in the country's economic activity. However, the report continues concluding that this did not mean that said sanctions were responsible for the "institutional, political, economic, social and environmental crisis that has characterized Venezuela for more than a decade"; on the contrary, it points out that the evolution of indicators in these fields before the sanctions revealed the development of a crisis caused by the "kleptocratic, inefficient and authoritarian" Venezuelan administration.