What is a Sanction?
In international relations, a sanction is a penalty or measure imposed by one country or a group of countries against another country to encourage a change in behavior. Sanctions can take various forms, including economic restrictions, trade embargoes, travel bans, and asset freezes.
Types of Sanctions
- Economic Sanctions
- Trade Embargoes
- Travel Bans
- Asset Freezes
Examples of Sanctions
One of the most well-known examples of sanctions is the trade embargo imposed on Cuba by the United States since the 1960s. Another example is the economic sanctions placed on Russia by the European Union and the United States in response to its actions in Ukraine.
Case Studies
One notable case study is the sanctions imposed on Iran by the United Nations and Western countries over its nuclear program. These sanctions had a significant impact on Iran’s economy and ultimately led to negotiations and a nuclear deal in 2015.
Statistics on Sanctions
According to a report by the Peterson Institute for International Economics, sanctions were imposed 120 times from 1914 to 2018, with mixed effectiveness in achieving their goals.
