Sanctions
https://www.rozen-bakher.com/forum/2021/07/27/sanctions
Published Date: 27 July 2021. Latest Update: 25 February 2022
Global Risks by Dr. Ziva Rozen-Bakher
Global Risks Aims to Stimulate Thinking ‘Out of the Box’ about Ongoing Global Problems that Have No Clear Solutions.
Global Risks by Dr. Ziva Rozen-Bakher https://www.rozen-bakher.com/forum
Dr. Ziva Rozen-Bakher
Researcher in International Relations with a Focus on Security, Political and Economic Risks for Foreign Direct Investment (FDI) and International Trade
Are Economic Sanctions Effective to Change the Course of a Regime Policy or a Regime Behaviour?
Do Economic Sanctions Create Alternatives that Backfire on the Sanctions Tool?
Are Economic Sanctions Backfire on the Global Prosperity when they are 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 regimes or to change the policy of a regime.
Looking at many cases of economic sanctions worldwide, then the Sanctions Tool even raises concerns that it may backfire on the objectives of the sanctions because it may lead to informal channels to fulfil the vacuum that the sanctions create.
Worse than that, instead of transforming regimes to democratic regimes or changing a problematic policy of a regime via sanctions, then it may lead to antagonism against the Western countries and against the USA, in particular, because the USA often imposes sanctions against many regimes, resulting in changing the global order in a way that weakens the democratic world, especially undermining the global position of the USA as a hegemonic superpower.
From the perspective of global prosperity, Western countries should examine the effectiveness of the sanctions tool, especially if it leads to ‘Sanctions-War’ between the superpowers in terms of tit-for-tat sanctions that each superpower/country may impose on rivals. Importantly, the democratic world should consider the use of diplomacy for regime transformation instead of punishing problematic regimes via sanctions in order to prevent 'push out' regimes from a half-democracy regime to an autocratic regime.
See also a few analysis on Sanctions from Monitoring Risks by Dr. Rozen-Bakher
Monitoring Risks by Dr. Ziva Rozen-Bakher, 07 April 2022, Gas & Oil War-Sanctions: USA Coalition vs. Russian Coalition https://www.rozen-bakher.com/monitoring-risks/07/04/2022
Monitoring Risks by Dr. Ziva Rozen-Bakher, 30 March 2022, USA Coalition vs. Russian Coalition: FDI and International Trade Analysis https://www.rozen-bakher.com/monitoring-risks/30/03/2022
Monitoring Risks by Dr. Ziva Rozen-Bakher, 14 March 2022, Sanctions against Russia: USA Coalition vs. Russian Coalition https://www.rozen-bakher.com/monitoring-risks/14/03/2022
Monitoring Risks by Dr. Ziva Rozen-Bakher, 23 February 2022, Russia Sanctions: Global Sanctions-War https://www.rozen-bakher.com/monitoring-risks/23/02/2022
Monitoring Risks by Dr. Ziva Rozen-Bakher, 7 February 2022, Russia’s Counter-Sanctions: ‘Gazprom-Weapon’ https://www.rozen-bakher.com/monitoring-risks/07/02/2022
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
Lynne Rienner Publishers | The Sanctions Decade Assessing UN Strategies in the 1990s
Economic Sanctions as Tools of Foreign Policy | Taylor & Francis Group (taylorfrancis.com)
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)