Economic Sanctions Revisited: Additional Insights into Why They Fail

3 Pages Posted: 8 Jun 2010  

Charles A. Rarick

Purdue University Calumet

Thaung Han

Purdue University Calumet

Abstract

Economic sanctions have a poor track record in achieving their objectives. In most cases, they are ineffective in bringing about policy change, cause increased suffering in the sanctioned country and reduce opportunities for business. This paper provides additional insights into why sanctions fail by examining two overlooked factors: power–dependency theory and pressure for political stability.

Suggested Citation

Rarick, Charles A. and Han, Thaung, Economic Sanctions Revisited: Additional Insights into Why They Fail. Economic Affairs, Vol. 30, No. 2, pp. 68-70, June 2010. Available at SSRN: https://ssrn.com/abstract=1621984 or http://dx.doi.org/10.1111/j.1468-0270.2010.02007.x

Charles A. Rarick (Contact Author)

Purdue University Calumet ( email )

Hammond, IN 46323-2094
United States

Thaung Han

Purdue University Calumet ( email )

Hammond, IN 46323-2094
United States

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