New at Strategic Culture Foundation 31 January – 7 February 2015

7 February 2015 — Strategic Culture Foundation

Economics Wars and Economic Sanctions (II)
07.02.2015 | 00:00 | Valentin KATASONOV

Economic sanctions are a set of measures that put pressure on a government to achieve predominantly political objectives. However, although sanctions lead to negative consequences in the economy of the sanctioned country, the ultimate political objectives are by no means always achieved. More often than not, they are not achieved at all. According to Gary Hufbauer a well-known American expert in this area, and his co-authors, who have documented 204 cases of sanctions, only about a third were successful… In many cases, economic sanctions have a stimulating and mobilising effect on the economy of sanctioned countries…

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