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The Impact of Economic Sanctions on Target Countries: A Review of the Empirical Evidence

Jerg Gutmann, Matthias Neuenkirch and Florian Neumeier

EconPol Forum, 2023, vol. 24, issue 03, 05-09

Abstract: The use of economic sanctions has increased rapidly since the end of the Cold War Economic sanctions can inflict huge economic costs on target countries Sanctions may also have unintended effects and cause collateral damage The effectiveness of sanctions in terms of meeting the proximate goals for which they are imposed is disputed

Date: 2023
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