The Global Sanctions Data Base: An Update that Includes the Years of the Trump Presidency

Aleksandra Kirilakha (), Gabriel Felbermayr, Constantinos Syropoulos (), Erdal Yalcin and Yoto Yotov
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Aleksandra Kirilakha: School of Economics, Postal: LeBow College of Business, Drexel University , Philadelphia, PA

No 2021-10, School of Economics Working Paper Series from LeBow College of Business, Drexel University

Abstract: We introduce and discuss 381 previously unrecorded sanction cases among which 75 emerged during 2016-2019, a period that coincides with the Trump presidency. These newly considered cases are included in the updated Global Sanctions Data Base (GSDB) of Felbermayr et al. (2020), thus raising the total of sanction cases recorded there to 1101. Our descriptive analysis reveals that a number of sanctions were lifted in 2016. However, in 2017 we witnessed a substantial increase in the deployment of new -- primarily `smart' (i.e., financial and travel) -- sanctions of which more than half were imposed by the United States. Moreover, we observed a significant rise in the number of sanctions aiming to `change' the policies of sanctioned states and to fight `terrorism'. Almost all sanctions initiated by the Trump administration are still in place, so assessment of their success remains open.

Keywords: Sanctions; the GSDB; Trump Administration (search for similar items in EconPapers)
JEL-codes: F13 F14 F51 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2021-02-19, Revised 2021-03-15
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ris:drxlwp:2021_010

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