Sanctions rarely achieve their goals – here’s why they failed in Russia and Myanmar
By Sergey Sosnovskikh, Lecturer in International Business, Manchester Metropolitan University
Anton Klarin, Senior Lecturer in the School of Management and Marketing, Curtin University
Htwe Htwe Thein, Associate Professor in International Business, Curtin University
Sanctions are, according to research, effective less than 10% of the time if success is defined as the complete compliance of a sanctioned regime with the imposed external pressure. Taking a more lenient view, which includes partial concessions or negotiated settlements, the success rate rises to 35% at most.
The idea that sanctions can completely restrict trade to sanctioned countries is largely…
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Monday, February 24, 2025