Economic Dimensions of Sanctions

David W. Hunter

Chapter 5 in Western Trade Pressure on the Soviet Union, 1991, pp 53-74 from Palgrave Macmillan

Abstract: Abstract One meaning of sanctions concerns power within the framework of value systems manipulated to achieve coercion. Another view focuses on the mechanics of economic sanctions. The distribution of trade resources in the world marketplace obtains from three perspectives: interregional trade flows; bilateral measurement of trade, and measurement by commodity bases. The choice of a model for analysis determines the conclusions reached on the significance of trade flows. Economic resource control uses specific tools, that is to say, export sanctions (boycotts), import sanctions (embargoes), and financial sanctions. Attention must be paid, as well, to the target’s needs for those products which are subject to control, and to the economic consequences of the interdiction of supplies.

Keywords: Gross Domestic Product; Total Export; Economic Dimension; Economic Deprivation; Buffer Stock (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-12002-4_5

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