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Economic Sanctions: Evolution, Consequences, and Challenges

open access: yesJournal of Economic Perspectives, 2023
Taking an interdisciplinary perspective, we examine the evolution of economic sanctions in the post-World War II era and reflect on the lessons that could be drawn from their features and patterns of use. We observe that, during this time, there has been
Trefor Owen Morgan   +2 more
semanticscholar   +1 more source

Financial Sanctions, SWIFT, and the Architecture of the International Payments System

open access: yesSocial Science Research Network, 2023
Financial sanctions, alongside economic sanctions, are components of the toolkit used by governments as part of international diplomacy. The use of sanctions, especially financial, has increased over the last 70 years.
Marco Cipriani   +2 more
semanticscholar   +1 more source

Understanding Economic Sanctions on Iran: A Survey

open access: yes, 2023
This paper surveys the literature on the economic effects of sanctions on Iran, with a principal focus on those imposed after 2006. We discuss the challenges of isolating the impacts of sanctions and evaluate recent methodological approaches used to ...
M. Farzanegan, Esfandyar Batmanghelidj
semanticscholar   +1 more source

Estimating the Economic Effects of Sanctions on Russia: an Allied Trade Embargo

open access: yesWorld Economics, 2022
This brief aims to contribute to the ongoing discussion on the use of sanctions as a coercive tool of international policymaking, focusing on the economic effects of the sanctions on the Russian Federation (“Russia”) following its invasion of Ukraine ...
Kornel Mahlstein   +3 more
semanticscholar   +1 more source

The EU, sanctions and regional leadership

open access: yesEuropean Security, 2022
Sanctions have become the “go to” mechanism for addressing foreign and security challenges in the international arena. The European Union’s willingness to impose autonomous (or unilateral) restrictive measures on third countries, and in particular on ...
P. Cardwell, E. Moret
semanticscholar   +1 more source

Quantifying the Impact of Economic Sanctions on International Trade in the Energy and Mining Sectors

open access: yesSocial Science Research Network, 2022
Capitalizing on the latest developments in the gravity literature, we utilize two new datasets on sanctions and trade to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas.
Mario Larch   +3 more
semanticscholar   +1 more source

Sanctions and the Exchange Rate

open access: yesIntereconomics. Review of European Economic Policy, 2022
Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.
Oleg Itskhoki, D. Mukhin
semanticscholar   +1 more source

Consequences of Economic Sanctions: The State of the Art and Paths Forward

open access: yesInternational Studies Review, 2021
What determines the consequences of economic sanctions? Is there a common explanation for these consequences? This article provides a comprehensive review of the fragmented literature focusing on the consequences of sanctions. We critically discuss the
Özgür Özdamar, Evgeniia Shahin
semanticscholar   +1 more source

A learning agent that acquires social norms from public sanctions in decentralized multi-agent settings [PDF]

open access: yesCollective Intelligence, 2021
Society is characterized by the presence of a variety of social norms: collective patterns of sanctioning that can prevent miscoordination and free-riding.
Eugene Vinitsky   +5 more
semanticscholar   +1 more source

The Economic Effects of International Sanctions: An Event Study

open access: yesSocial Science Research Network, 2021
Although international sanctions are a widely used instrument of coercion, their economic effects are still not fully understood. This study uses a novel dataset and an event study approach to evaluate the economic consequences of international sanctions,
Jerg Gutmann   +2 more
semanticscholar   +1 more source

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