economic sanctions
Action taken by one country or group of countries to harm the economic interest of another country or group of countries, usually to bring about pressure for social or political change. Sanctions normally take the form of restrictions on imports or exports, or on financial transactions. They may be applied to specific items or they may be comprehensive trade bans. There is considerable disagreement over their effectiveness. Critics point out that they are easily evaded and often inflict more pain on those they are designed to help than on the governments they are meant to influence. They can also harm the country that imposes sanctions, through the loss of export markets or raw material supplies. In addition the target country may impose retaliatory sanctions. ... ...
Access to the complete content on Oxford Reference requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.