{"id":3976,"date":"2015-01-03T16:35:20","date_gmt":"2015-01-03T21:35:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3976"},"modified":"2015-01-03T16:35:20","modified_gmt":"2015-01-03T21:35:20","slug":"do-economic-sanctions-work-by-kenneth-rogoff-project-syndicate","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3976","title":{"rendered":"Do Economic Sanctions Work? by Kenneth Rogoff &#8211; Project Syndicate"},"content":{"rendered":"<p><a href=\"http:\/\/www.project-syndicate.org\/commentary\/do-economic-sanctions-work-by-kenneth-rogoff-2015-1\">Do Economic Sanctions Work? by Kenneth Rogoff &#8211; Project Syndicate<\/a>.<\/p>\n<p style=\"box-sizing: border-box; margin: 0px;\" data-line-id=\"fed68d9a9b8e405a90149d0d23814adc\">CAMBRIDGE \u2013 With Western economic sanctions against Russia, Iran, and Cuba in the news, it is a good time to take stock of the debate on just how well such measures work. The short answer is that economic sanctions usually have only modest effects, even if they can be an essential means of demonstrating moral resolve. If economic sanctions are to play an increasingly important role in twenty-first-century statecraft, it might be worth reflecting on how they have worked in the past.<\/p>\n<p style=\"box-sizing: border-box; margin: 0px;\" data-line-id=\"1cb232c91eaa4991a7d51eae481acf6a\">As Gary Hufbauer and Jeffrey Schott note in their\u00a0<a style=\"box-sizing: border-box; color: inherit; text-decoration: none;\" href=\"http:\/\/bookstore.piie.com\/book-store\/4082.html\" target=\"_blank\">classic book<\/a>\u00a0on the topic, the history of economic sanctions goes back at least to 432 BC, when the Greek statesman and general Pericles issued the so-called \u201cMegarian decree\u201d in response to the abduction of three Aspasian\u00a0women. In modern times, the United States has employed economic sanctions in pursuit of diverse goals, from the Carter administration\u2019s efforts in the 1970s to promote human rights, to attempts to impede nuclear proliferation in the 1980s.<\/p>\n<p><span class=\"Apple-style-span\" style=\"font-family: 'Copyright Klim Type Foundry 400', Arial, sans-serif; line-height: 25px; color: #000000;\"><span style=\"box-sizing: border-box;\"><br style=\"box-sizing: border-box;\" \/>Read more at http:\/\/www.project-syndicate.org\/commentary\/do-economic-sanctions-work-by-kenneth-rogoff-2015-1#ws02Wc2VhD4Tw211.99<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do Economic Sanctions Work? by Kenneth Rogoff &#8211; Project Syndicate. CAMBRIDGE \u2013 With Western economic sanctions against Russia, Iran, and Cuba in the news, it is a good time to take stock of the debate on just how well such measures work. The short answer is that economic sanctions usually have only modest effects, even [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[1983,1997,441,2006,694,834],"class_list":["post-3976","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-cuba","tag-economic-sanctions","tag-iran","tag-north-korea","tag-russia","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3976"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3976\/revisions"}],"predecessor-version":[{"id":3977,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3976\/revisions\/3977"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}