Although economic sanctions can have a devastating effect in some circumstances, their impact is more often fairly limited, even on the targeted country. In most cases sanctions are not intended to inflict the maximum possible economic damage. And even when they are, a number of factors can prevent them from being fully effective, or mean that their effects only build up over a period of years. Having said that, the most high profile sanctions regimes currently in operation – against Iran and Russia – are both having a significant economic impact.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services