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Economic Sanctions

Political Economy

Definition

Restrictions on trade, finance or economic transactions intended to influence the behaviour of a state, entity or individual.

TERMINOLOGY NOTE

Distinction: sanctions are specific restrictive measures; economic coercion additionally concerns the political pressure exerted through economic dependencies.

Theoretical Context

Sanctions can be comprehensive or targeted; their humanitarian effects, legal basis and effectiveness vary.

Further Reading

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Economic Sanctions | Dictionary - Reymonta