The discussion about the effectiveness of economic sanctions as an instrument of foreign policy recently revived due to the recent oil embargo of Iran and the European embargo on equipment for the Syrian oil and gas industry. The consensus view seems to be that economic sanctions – despite the long history of and experience with this instrument – are still completely ineffective.
Failure and success of economic sanctions
Peter A.G. van Bergeijk, 27 March 2012
Topics: Politics and economics
Tags: democracy, economic sanctions, Iran, Iraq, North Korea, South Africa, Syria
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