
Effectiveness and Repercussions of Global Economic Sanctions
Open Access
|Dec 2019Abstract
The economic sanctions are not new ways of imposing international pressure on target economies, it has a long history. However, the powerful counties use the economic sanction to cripple the target economies and then pressuring the target counties to compliance with the measures suggested by the powerful nations. It is very obvious fact that the target counties have not obeyed with the world powerful nations to adopt the recommendations enforced by the powerful nations. Rather the target counties develop alliances with the close allies of those counties to combat the effect of the sanctions on their economies. After enforcing sanctions, the countries face severer humanitarian issues due to limited supply of essential goods particularly medicine. The political impact of sanctions seems very moderate or sometimes after the sanctions are imposed further, the affected countries accelerate the horrible behavior after the sanctions. Hence, the economic sanctions are failed to achieve the intended targets of powerful nations. The humanitarian crises are more pervasive side effects than political motives.
DOI: https://doi.org/10.4038/sljer.v7i1.43 | Journal eISSN: 2345-9913
Language: English
Page range: 113 - 133
Published on: Dec 1, 2019
Published by: Sri Lanka Forum of University Economists
In partnership with: Paradigm Publishing Services
© 2019 A.W.G.C.N. Wijethunga, published by Sri Lanka Forum of University Economists
This work is licensed under the Creative Commons License.