Understanding economic sanctions: Interdisciplinary perspectives on theory and evidence
We review a number of developments and trends in the literature on economic sanctions. We discuss salient contributions to the theoretical literature, data collection, and empirical work on the impact, effectiveness and success of sanctions in Economics and Political Science. Our interdisciplinary p...
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| Published in | European economic review Vol. 135; p. 103720 |
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| Main Authors | , , , |
| Format | Journal Article |
| Language | English |
| Published |
Elsevier B.V
01.06.2021
Elsevier Science Publishers |
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| Online Access | Get full text |
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| Abstract | We review a number of developments and trends in the literature on economic sanctions. We discuss salient contributions to the theoretical literature, data collection, and empirical work on the impact, effectiveness and success of sanctions in Economics and Political Science. Our interdisciplinary perspective highlights the existence of a stark contrast in the ways the two disciplines view and analyze sanctions. Taking advantage of this perspective, we identify potential directions for future work. Most importantly, we argue that moving toward a better understanding of the causes and consequences of economic sanctions requires a much tighter integration of concepts from Political Science and Economics and a more extensive interdisciplinary collaboration. |
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| AbstractList | We review a number of developments and trends in the literature on economic sanctions. We discuss salient contributions to the theoretical literature, data collection, and empirical work on the impact, effectiveness and success of sanctions in Economics and Political Science. Our interdisciplinary perspective highlights the existence of a stark contrast in the ways the two disciplines view and analyze sanctions. Taking advantage of this perspective, we identify potential directions for future work. Most importantly, we argue that moving toward a better understanding of the causes and consequences of economic sanctions requires a much tighter integration of concepts from Political Science and Economics and a more extensive interdisciplinary collaboration. |
| ArticleNumber | 103720 |
| Audience | Trade Academic |
| Author | Morgan, T. Clifton Syropoulos, Constantinos Yotov, Yoto V. Felbermayr, Gabriel |
| Author_xml | – sequence: 1 givenname: Gabriel surname: Felbermayr fullname: Felbermayr, Gabriel email: felbermayr@ifw-kiel.de organization: Kiel Institute & Kiel University, Kiel, Germany – sequence: 2 givenname: T. Clifton surname: Morgan fullname: Morgan, T. Clifton email: morgan@rice.edu organization: Rice University, Houston, TX, USA – sequence: 3 givenname: Constantinos surname: Syropoulos fullname: Syropoulos, Constantinos email: c.syropoulos@drexel.edu organization: Drexel University, Philadelphia, PA, USA – sequence: 4 givenname: Yoto V. surname: Yotov fullname: Yotov, Yoto V. email: yotov@drexel.edu organization: Drexel University, Philadelphia, PA, USA |
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