Sanctions
Published 27 July 2021. Update 25 February 2022
See also the latest posts about Sanctions from Monitoring Risks by Dr. Rozen-Bakher
Are Economic Sanctions Effective to Change the Course of a Regime Policy or a Regime Behavior?
Are Economic Sanctions Create Alternatives that Backfire the Sanctions Tool?
Are Economic Sanctions Backfire the Global Prosperity when it is used often against many Regimes?
In the last decade, economic sanctions are used often to ‘punish’ regimes that don’t act according to the Western norms and democratic values or to change the course of a regime policy, still, it is doubtful if economic sanctions are effective to transform regimes to democratic or to change the policy of a regime.
Looking at many cases of economic sanctions worldwide even raise concerns that it may backfire the objectives of the sanctions because it may lead to informal channels to fulfil the vacuum that sanctions create.
Worse than that, instead of transforming regimes to democratic or changing problematic regime policy via sanctions, then it may lead to antagonism against the Western countries and in particular, against the USA that often imposes sanctions against many regimes, resulting in changing the global order in a way that it weakening the democratic world, especially undermine the position of USA as a hegemonic superpower.
From the perspective of global prosperity, Western countries should examine the effectiveness of the sanctions tool, especially if it will lead to ‘Sanctions-War’ between the superpowers in terms of tit-for-tat sanctions that each superpower/country may impose sanctions on rivals. Importantly, the democratic world should consider the use of diplomacy for regime transformation instead of punishing problematic regimes via sanctions to prevent 'push out' regimes from a half-democracy regime to an autocratic regime.
Discussion on this Topic in the Research Literature
Which sanctions matter? analysis of the EU/russian sanctions of 2014 - ScienceDirect
The sword and the shield: The economics of targeted sanctions - ScienceDirect
The impact of international sanctions on environmental performance - ScienceDirect
Hard target: Sanctions, inducements, and the case of North Korea
Why economic sanctions do not work
Lynne Rienner Publishers | The Sanctions Decade Assessing UN Strategies in the 1990s
Economic sanctions reconsidered: History and current policy
Economic Sanctions as Tools of Foreign Policy | Taylor & Francis Group (taylorfrancis.com)
EconStor: Can economic sanctions be effective?
Economic sanctions threaten population health: the case of Iran - ScienceDirect
Factors Affecting the Success of Sanctions | Taylor & Francis Group (taylorfrancis.com)
Sanctions, counter-sanctions and Russia : Effects on economy, trade and finance (helsinki.fi)
Latest News about this Topic
Florida Gov. Ron DeSantis sanctions Ben & Jerry's over Israel boycott - UPI.com
E.Guinea closes UK embassy over sanctions against president's son (yahoo.com)
China announces sanctions against Wilbur Ross, six others in U.S. - UPI.com
U.S. imposes sanctions on Cuban regime following violent crackdown (yahoo.com)
Biden Administration Weighs New Sanctions Against Belarus - WSJ
Cuba protests continue; U.S. imposes new sanctions on Cuban officials - CBS News
US imposes new Cuba sanctions over human rights abuses - ABC News (go.com)
OFAC fines Payoneer $1.4M for sanctions violations | Article | Compliance Week
Equatorial Guinea to Close London Embassy Over Sanctions On President's Son - allAfrica.com
China calls on U.S. to remove all unilateral sanctions (msn.com)
5 states consider sanctions on Ben & Jerry’s after West Bank pullout – J. (jweekly.com)
China imposes tit-for-tat sanctions on U.S. individuals, entity - CGTN
China's first measures under Anti-Foreign Sanctions Law - CGTN
Ukraine Imposes Sanctions on Russian E-Tailer Wildberries | BoF (businessoffashion.com)
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