International Economic Sanctions: How Effective Are They?

The beginning of the Russia-Ukraine war in 2022 comes hand in glove with international sanctions against the aggressor. However, the efficacy of sanctions seems to depend upon who the aggressor is and how the aggressor is placed in the global power dynamics. Given the ongoing distribution of power centers, specially with China and Russia at the helm of it, the enforcement of nonmilitary sanctions seems to be piecemeal. More than its efficacy what remains of it is tokenism. The growing economic cobweb makes it difficult to estimate the success of international sanctions. Do they remain as symbolic efforts made by the Western power bloc to uphold international peace and stability or they have really succeeded in taming the aggressor a bit? Please share your opinion with us.

Leave a Reply

Your email address will not be published.

You might also like

Subscribe Our Newsletter