EVALUATION OF ECONOMIC SANCTIONS EFFECTIVENESS AS A FOREIGN POLICY INSTITUTE
Abstract
The article deals with the application and effectiveness problem of such kind of foreign policy instrument as economic sanctions. This paper concerns the evolution of economic sanctions and provides an assessment of their effectiveness at each stage of development. In early modern times, economics sanctions were represented by pacific sea blockade, while in modern age traditional economic sanctions are analyzed. Based on the results of a retrospective analysis it can be concluded that the effectiveness level of this policy instrument is low, that’s why a need of economic sanctions institute modernization appears.
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Review
For citations:
Sitnikov K. EVALUATION OF ECONOMIC SANCTIONS EFFECTIVENESS AS A FOREIGN POLICY INSTITUTE. Scientific Research of Faculty of Economics. Electronic Journal. 2016;8(3):14-24. (In Russ.)
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