Publication details

The Effectiveness of Economic Sanctions: A Literature Review

Authors

PALA Tadeáš

Year of publication 2021
Type Article in Periodical
Magazine / Source NISPAcee Journal of Public Administration and Policy : the Network of Institutes and Schools of Public Administration in Central and Eastern Europe
MU Faculty or unit

Faculty of Economics and Administration

Citation
web https://sciendo.com/article/10.2478/nispa-2021-0009
Doi http://dx.doi.org/10.2478/nispa-2021-0009
Keywords Effectiveness; Economic sanctions; Definition; Literature review; Paradigmatic discord; Historical cases
Attached files
Description This paper offers a broader reflection on the current and historical discourse related to the analysis of the effectiveness of economic sanctions. Is it possible to reliably measure the effectiveness of economic sanctions? In addition to summarizing the literature in this area, the article points out numerous problems in the interpretation and use of terminology. Confusion about different approaches in this discipline creates an environment in which it is difficult to orient oneself or segregate objective information. This confusion affects the behaviour of national governments. National governments frequently resort to economic sanctions, even though the measurement of their effectiveness is unclear. The article aims to introduce partial and valid arguments related to the effectiveness or ineffectiveness of the imposed sanctions. Moreover, its goal is to present the preferred approach how to measure the effectiveness. The paper concludes that universally valid metrics for measuring effectiveness are hardly achievable due to the inability to compare events across modern history, without taking into account the context. At the same time, there is neither a terminological nor a semantic consensus on the basic concepts, which makes the situation more complicated. One of the main issues is the inconsistent terminology, since many authors do not distinguish between effectiveness and efficiency. Thus, the author tends to interpret effectiveness as an ability to achieve the goals initially pre-set. Although this definition offers a rather loose view which does not allow too much comparison and generalization, it is, in the author’s view, the least “blurred” one. At the same time, the author encourages an individual approach to particular case reports and warns against attempting to econometrically and statistically capture something that is practically incommensurable or not measurable at all. Therefore, the author recommends, as a result of this literature overview, to stick to the perception of effectiveness (or its negation) as an ability (or a disability) to achieve predetermined goals. The value-added of this article is to contribute to the discussion about economic sanctions nowadays. It comes with conclusions about diverging approaches based on the unique, comprehensive literature review of respected authors. Also, the short list of case studies of what the author considers an example of effective and non-effective sanctions will be included.
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