How do sanctions affect a country’s economy and its relations with other nations?

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Updated 17 days ago
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Sanctions can have significant effects on a country's economy and its relations with other nations.

Economically, sanctions can lead to shortages of essential goods, increased prices, reduced trade, and overall economic hardship for the targeted country.

They can also impact the country's relations by isolating it from the international community, straining diplomatic ties, and potentially pushing the targeted nation to seek closer ties with other countries that are not participating in the sanctions or to develop self-sufficiency strategies. For example, If two countries put sanctions on each other, it would be a big loss for both of them, impacting the peaceful and cordial relations.

Sanctions can also lead to humanitarian issues if they limit access to vital goods like food or medicine.

The effectiveness of sanctions in achieving their intended goals is debated, with some arguing they can coerce policy changes in targeted countries, while others see them as counterproductive, leading to humanitarian suffering without achieving political objectives.

Sanctions can also have unintended consequences on global markets and on the economies of countries imposing them, especially if they are significant trading partners with the targeted nation. For example, we recently saw turbulent relations between America and India, how both of them were targeting each other economically.  

So, all in all, crafting sanctions that minimize harm to people while maximizing pressure on governments is a difficult task and a subject of ongoing debate among policymakers.
 

answered 17 days ago by Himanshi Gupta

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