Do economic sanctions work?

All you need to know about the world this 
Our world this week
Myanmar's forgotten people
Tensions in northern Syria reach new heights
Could Lithuania’s Russian hostilities really turn into conflict?
Good times: is the world economy back in full swing?
The Japanese porn star who taught China about sex
Egypt's 'fourth pyramid' Mohamed Salah: 'He is one of us'
The strange, untold story of CES, the trade show that refuses to die
Why some African Americans are moving to Africa
Islamists banned their music. Now Timbuktu is singing again
The Rise and Fall of Steve Bannon and Nigel Farage
Do economic sanctions work? 2

On October 11, Daniel Russel, top US diplomat for East Asia, said he was confident the UN would make “significant” progress in tougher sanctions against North Korea over its nuclear programme. But while the sanctions keep getting tougher, Pyongyang shows no sign of ending its nuclear tests. Economic sanctions have been a core weapon in the diplomatic arsenal of world powers for decades, but their effectiveness remains controversial, with a number of studies suggesting they have only worked in 4% of cases. The sanctions imposed on South Africa, for example, are credited with helping end apartheid, but on the other hand sanctions against Cuba have done little more than bring misery to its people, whilst its government endures. Sanctions against Russia have yet to stay Vladimir Putin’s hand in Syria and may have hardened domestic support for him. Sanctions may have eventually helped bring Iran to the negotiating table, but they also led to dire short shortages of life-saving medicines such as chemotherapy drugs, fueling the black market and skyrocketing prices. Are sanctions, then, just a convenient tool for politicians reluctant to go to war to be seen to be doing something? Or, if properly enforced, are they a useful way of bringing rogue states into line?

read more
Share Opinion
Add bio
contributions - pts
A journalistic initiative Sponsored by:
About this
We use cookies to ensure that we give you the best experience on our website.
If you continue without changing your settings, we'll assume that you are happy to receive all cookies from this website.