Introduction
In recent decades, large Western economies increasingly have used sanctions — such as the thousands imposed on Russia since it invaded Ukraine in February — to avoid military action when diplomacy does not deter behavior the international community considers unacceptable. Proponents say sanctions, which include withdrawing trade, financial or diplomatic relations, are a vital foreign policy tool. Opponents, including some in the Global South, say sanctions do not always achieve their objectives, rarely result in regime change and can adversely affect vulnerable citizens. To avoid society-wide suffering due to leaders' transgressions, Western countries increasingly use so-called smart sanctions, which have targeted and reined in some rogue actors. Experts disagree on whether the United States, which imposes more sanctions than any other country, is helping establish a rules-based order or is eroding its global leadership due to what even some European allies consider its trigger-happy approach. In any case, proliferating sanctions are creating ripple effects on global trade and financial systems that experts say should be taken far more seriously.
This 465-foot yacht owned by a Russian tycoon was seized as part of sanctions targeting Russia and its oligarchs after Russia invaded Ukraine. International sanctions are on the rise, but many critics say they can do more harm than good. (AFP/Getty Images/Pavel Korolyov)
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Dec. 09, 2022 |
International Sanctions |
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Apr. 2010 |
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Sep. 2009 |
Future of Globalization |
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Jul. 2009 |
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