What is the Economic Sanctions Mechanism? Sanction: action that is taken or an order that is given to force a country to obey international laws by limiting or stopping trade, military deals and political interactions with that country. Types of Sanctions 1- Economic sanction: Affecting the country’s GDP by ceasing all or part of the importing and exporting from and to this country. This will effect to raise prices of goods, currency fall, company’s bankruptcy and losses of tourism income due to travel ban. 2- Political sanction: Affecting the country’s government system or president through cutting all ties with the country and banning its representatives from attending international affairs. This will result in a political pressure on the system and more awareness of people against the faulty regime. 3- Military sanction: Military interventions, targeted strikes or stopping supplying arms and military aid. This will result in limiting any reactions of the sanctioned country and raising the pressure. Types of Mechanism ● ● ● ● ● ● Diplomatic measures Restrictive measures (asset freezes and visa bans) Restrictions for Crimea and Sevastopol Measures targeting sectoral cooperation and exchanges with Russia ("Economic" sanctions) Measures concerning economic cooperation How Economic Sanctions work ? Sanctions Intermediate Target Ultimate Goal How Economic Sanctions work ? The conduct of the target state would be changed. The success or failure of the sanctions is assessed in terms of whether the appropriate change has been made. Effectiveness is tied to observable behavioral modification of the regime of the target state. Economic sanctions are pursued under the assumption that the citizenry of the target state. How Economic Sanctions work ? European Economic Sanctions Mechanism (Example) Sanctions are not punitive, but designed to bring about a change in policy or activity by the target country, entities or individuals. Measures are therefore always targeted at such policies or activities, the means to conduct them and those responsible for them. At the same time, the EU makes every effort to minimise adverse consequences for the civilian population or for legitimate activities. Reference: "EU restrictive measures" (PDF). Council of the European Union. 29 April 2014. Retrieved 23 August 2014 Economic Sanctions (Mechanism Process) Reference: https://www.bbc.co.uk/news/world-45485994 Example Trade: Exports/ Imports (food, medicine, oil) If countries don't import the target country's products, the target economy can face industry collapse and unemployment, which can put significant political pressure on the government. Bank accounts: People can not do online shopping. assets freeze Example Economic Sanctions (Outline) 1. What is the Economic Sanctions Mechanism? 2. How the Economic Sanctions lead to Political & Social Change? 3. Outcome ECONOMIC SANCTIONS How does the economic sanctions lead to political change? What is the Economic Sanctions Mechanism? Sanctions ‘work’ by manipulating the political economy of targets, with consequences for the composition of forces contesting state power, plus their resources, alliances and strategies. Where sanctions can compel ruling and opposition coalitions to adopt strategic responses that meet the goals of those imposing sanctions, they may be ‘successful’. However, this is generally possible only where opposition groups are already powerful and well organised. In contexts where oppositions are weak and fragmented, sanctions tend to entrench their exclusion from power, even if they also manage to weaken ruling coalitions Dr Lee Jones Nov 2015 FPC Briefing: How Do International Economic Sanctions (Not) Work?