Evaluation of the Effectiveness of New Types of Economic Sanctions

NATIONAL RESEARCH UNIVERSITY HIGHER SCHOOL OF ECONOMICS

School of World Economy and International Affairs

Foreign Languages Department

«Evaluation of the effectiveness of new types of Economic Sanctions»

MOSCOW 2015

Abstract.

Sanctions exist since the ancient Greeks and nowadays are one of the most popular tools in international policy and in foreign affairs. They were invented and adopted by a lot of international institutions to help them in their mandates beyond their traditional general use. The sanctions are not always "smart". There is a long history about it. In this paper my aim was to assess the efficiency of that important political tool of pressure. This thesis provides empirical evidence on the economic sanctions phenomenon. I will present the most illustrative cases to prove the ineffectiveness of such political mechanism.

Key words: Comprehensive sanctions, smart sanctions, effectiveness, embargoes, travel bans, asset’s freezes, regime change, economic impact, demographic consequences.

Contents

Introduction……………………………………………………………………4

1. Historical overview and evolution of Sanctions

1.1 History of the sanction’s evolution…………………………….5

1.2 Definition of the concept and its characteristics……………….6

1.3 Description of characteristics of the smart sanctions…………..6

2. Assessment of the efficiency of sanctions

2.1 Pros and cons of the comprehensive sanctions ………………7

2.2 Arguments for inefficiency of the smart sanctions…………..8

2.3 Case study……………………………………………………9

Conclusion………………………………………………………………………10

References……………………………………………………………………….11

Introduction

There is a set of opinions of how to establish «justice» in a geopolitics. One of the...