Challenges in evaluating impact of sanctions – political vs economic perspective Cover Image

Wyzwania w ocenie wpływu sankcji – perspektywa polityczna a ekonomiczna
Challenges in evaluating impact of sanctions – political vs economic perspective

Author(s): Beata Stępień, Paulina Pospieszna, Joanna Skrzypczyńska
Subject(s): Supranational / Global Economy, International relations/trade, Political economy, EU-Legislation
Published by: Uniwersytet Adama Mickiewicza
Keywords: international sanctions; effectiveness of economic sanctions; politics of sanctions; effectiveness; efficiency;

Summary/Abstract: The aim of this paper is twofold: to highlight the need of combining economic and political perspectives in analyzing sanctions outcomes, and to list and elaborate on challenges connected with uniting these two standpoints and creating cohesive and valid measurement methods. We not only credit this fusion as useful, but necessary to evaluate sanctions’ efficiency and effectiveness. We display these challenges in sanctions’ assessment and measurement by systematizing what we already know about the sanction effectiveness in political science and economics literature and by demonstrating strengths and weaknesses of some already published effectiveness evaluations. The paper is the part of the larger research project that we recently embarked upon with aim to analyze the onset, economic impact and effectiveness of sanctions imposed by the European Union.

  • Issue Year: 2016
  • Issue No: 4
  • Page Range: 155-168
  • Page Count: 14
  • Language: English