Economic sanctions and trade dynamics: Analyzing U.S. unilateral and EU autonomous economic sanctions (1950–2019)

This study investigates the role of economic sanctions within contemporary national security strategies, focusing on their impact, motivations, and implications for sender states. Utilizing a mixed-methods approach, the research combines qualitative and quantitative methodologies to comprehensively analyze unilateral and autonomous economic sanctions imposed by the U.S. and the EC/EU between 1950 and 2019. The comparative and descriptive analysis examines 97 sanctions episodes, including 60 unilateral U.S. sanctions and an original dataset of 37 EC/EU autonomous economic sanctions episodes. The findings reveal that economic sanctions imposed by both entities generally yield positive economic outcomes for sender states. Endogenous motivations such as economic security concerns, geopolitical interests, and domestic political considerations emerge as significant drivers behind the deployment of sanctions. Economic sanctions are perceived as a strategic tool serving political objectives while enhancing economic security of sender states. Tangible benefits, including strengthened negotiating positions and domestic support, underscore the instrumental role of sanctions in advancing sender states’ interests globally. In summary, this research contributes valuable­ insights into the complex dynamics of economic sanctions and their implications for sender states. The study offers pertinent guidance for policymakers­, scholars, and practitioners navigating global security and economic governance challenges by examining economic sanctions’ motivations, impacts, and implications within contempo­rary national security strategies.

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Publication Details

Journal
Russian Journal of Economics
Published
2024-10-02
DOI
https://doi.org/10.32609/j.ruje.10.121368
Citations
2
Primary Topic
Economic Sanctions and International Relations
Type
article
Field-Weighted Citation Impact
2.26
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article

Economic sanctions and trade dynamics: Analyzing U.S. unilateral and EU autonomous economic sanctions (1950–2019)

Elena Daniela Sarau
2 citations
Russian Journal of Economics
Economic Sanctions and International Relations
2.26
article

Economic sanctions and trade dynamics: Analyzing U.S. unilateral and EU autonomous economic sanctions (1950–2019)

Elena Daniela Sarau
article en
2 citations

Abstract

This study investigates the role of economic sanctions within contemporary national security strategies, focusing on their impact, motivations, and implications for sender states. Utilizing a mixed-methods approach, the research combines qualitative and quantitative methodologies to comprehensively analyze unilateral and autonomous economic sanctions imposed by the U.S. and the EC/EU between 1950 and 2019. The comparative and descriptive analysis examines 97 sanctions episodes, including 60 unilateral U.S. sanctions and an original dataset of 37 EC/EU autonomous economic sanctions episodes. The findings reveal that economic sanctions imposed by both entities generally yield positive economic outcomes for sender states. Endogenous motivations such as economic security concerns, geopolitical interests, and domestic political considerations emerge as significant drivers behind the deployment of sanctions. Economic sanctions are perceived as a strategic tool serving political objectives while enhancing economic security of sender states. Tangible benefits, including strengthened negotiating positions and domestic support, underscore the instrumental role of sanctions in advancing sender states’ interests globally. In summary, this research contributes valuable­ insights into the complex dynamics of economic sanctions and their implications for sender states. The study offers pertinent guidance for policymakers­, scholars, and practitioners navigating global security and economic governance challenges by examining economic sanctions’ motivations, impacts, and implications within contempo­rary national security strategies.

Russian Journal of EconomicsVol. 10(3)
Mendel University in Brno (CZ)
Partnerships for the goals
Openalex Percentile: Top 8%
Economic Sanctions and International Relations
2.26
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