Do Economic Sanctions Work?


Can we find an instrument that has a warlike pressure, but that does not force us to resort to full blown warfare?

Robin Wright Joint fellow at the US Institute of Peace and Woodrow Wilson Internati...

Do Economic Sanctions Work?


Most of the tactics that allies are employing to stem Putin’s aggressions in Ukraine are economic in nature: oil and gas embargoes, severe international banking restrictions, shutdowns of foreign business operations, and more — all with the objective of crippling aspects of Russia’s economy. But will they work? Is handcuffing a country’s economy an effective way to counter aggression? Historical evidence suggests that sanctions are no panacea — and they often come with unintended consequences that are sobering at best.

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Do Economic Sanctions Work?

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