Overview
The political economy of sanctions is a complex field that explores how countries use economic measures to influence the behavior of other nations. Sanctions can take various forms, including trade restrictions and financial penalties, and their effectiveness can vary widely based on the context and...
Key Terms
Example: The U.S. imposed sanctions on Russia for its actions in Ukraine.
Example: The U.S. placed an embargo on Cuba in the 1960s.
Example: Tariffs are a form of trade restriction.
Example: Countries often use diplomacy to resolve conflicts.
Example: Sanctions can lead to economic decline in the targeted nation.
Example: Sanctions can lead to shortages of food and medicine.
Related Topics
International Trade
The exchange of goods and services across international borders, which can be affected by sanctions.
intermediateGlobalization
The process of increased interconnectedness among countries, impacting how sanctions are perceived and implemented.
intermediateConflict Resolution
Strategies to resolve disputes between countries, often involving sanctions as a tool.
advancedKey Concepts
Economic SanctionsForeign PolicyInternational RelationsTrade Impacts