Adjusting to Economic Sanctions in South Africa

Carolyn Jenkins

Chapter 5 in Economic and Political Reform in Developing Countries, 1995, pp 97-122 from Palgrave Macmillan

Abstract: Abstract The jury is still out on the question of the effectiveness of economic sanctions. Short of war, there is a limited range of measures available to the international community to express its disapprobation of a sovereign country’s actions and to try and force some change of policy. Targeted or comprehensive boycotts are increasingly being used for this purpose. The creation of international institutions during the twentieth century has made co-ordinated action of this kind possible, at least in theory. Instant and visible global communication of the suffering caused by inhumane policies has increased popular pressure on these institutions or their leading constituent government to intervene. It may be that sanctions are ineffective in achieving the required changes, and serve mainly as a means of conveying disapproval. This is politically important, even if it falls significantly short of the desired objective.

Keywords: Foreign Direct Investment; Trade Credit; Foreign Debt; Economic Sanction; Capital Outflow (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13460-1_6

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DOI: 10.1007/978-1-349-13460-1_6

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