The impact of economic sanctions as a foreign policy instrument: the example of U.S. Sanctions on Russian energy industry

Economic sanctions, especially during the twentieth century, emerged as a foreign policy tool. Economic sanctions were a perfect tool of the Cold War as a deterrent for employing military power. The main objective of employing economic sanctions is to make the other party to reexamine and potentially revise its policies causing the unrest, and ultimately comply with the requirements of the coercer. However today the level of effectiveness of employing economic sanctions as foreign policy instrument is subject to wide debate. This study is prepared with the objective of contributing to the debate using a case study to answer the question of whether economic sanctions are a viable deterrent to achieve the desired outcome. In the study we examined whether the US sanctions placed on the Russian energy sector was an effective deterrent after Russia’s annexation of Crimea. The study examined the background and the purpose of these sanctions and evaluate their effectiveness by discussing their impact on the Russian energy sector. This case study helps to answer the broader question of the efficacy of economic sanctions. Based on this case study, we argue that a better way to assess whether the sanctions reach their desired outcome is to consider the overall profile of the country that is the subject of sanctions.This study was compiled from the author’sthesis, titled as “The Impact of Economic Sanctions as a Foreign Policy Instrument: The Example of U.S. Sanctions on Russian Energy Industry”.

Görüntülenme
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28.12.2023 tarihinden bu yana
İndirme
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28.12.2023 tarihinden bu yana
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Detaylı Görünüm
Eser Adı
(dc.title)
The impact of economic sanctions as a foreign policy instrument: the example of U.S. Sanctions on Russian energy industry
Yazar [Asıl]
(dc.creator.author)
Gürtuna, Ali Murat
Yazar Departmanı
(dc.creator.department)
Yeditepe University Graduate School of Social Sciences
Yazar Departmanı
(dc.creator.department)
Yeditepe University Graduate School of Social Sciences Doctoral Program in Political Science and International Relations
Yayın Tarihi
(dc.date.issued)
2023
Yayın Turu [Akademik]
(dc.type)
preprint
Yayın Türü [Ortam]
(dc.format)
application/pdf
Konu Başlıkları [Genel]
(dc.subject)
Economic sanctions
Konu Başlıkları [Genel]
(dc.subject)
Energy
Konu Başlıkları [Genel]
(dc.subject)
Foreign policy
Konu Başlıkları [Genel]
(dc.subject)
Russia
Konu Başlıkları [Genel]
(dc.subject)
Sectoral sanctions
Konu Başlıkları [Genel]
(dc.subject)
Ekonomik yaptırımlar
Konu Başlıkları [Genel]
(dc.subject)
Dış politika
Konu Başlıkları [Genel]
(dc.subject)
Rusya
Konu Başlıkları [Genel]
(dc.subject)
Sektörel yaptırımlar
Yayıncı
(dc.publisher)
Yeditepe University Academic and Open Access Information System
Dil
(dc.language.iso)
eng
Özet Bilgisi
(dc.description.abstract)
Economic sanctions, especially during the twentieth century, emerged as a foreign policy tool. Economic sanctions were a perfect tool of the Cold War as a deterrent for employing military power. The main objective of employing economic sanctions is to make the other party to reexamine and potentially revise its policies causing the unrest, and ultimately comply with the requirements of the coercer. However today the level of effectiveness of employing economic sanctions as foreign policy instrument is subject to wide debate. This study is prepared with the objective of contributing to the debate using a case study to answer the question of whether economic sanctions are a viable deterrent to achieve the desired outcome. In the study we examined whether the US sanctions placed on the Russian energy sector was an effective deterrent after Russia’s annexation of Crimea. The study examined the background and the purpose of these sanctions and evaluate their effectiveness by discussing their impact on the Russian energy sector. This case study helps to answer the broader question of the efficacy of economic sanctions. Based on this case study, we argue that a better way to assess whether the sanctions reach their desired outcome is to consider the overall profile of the country that is the subject of sanctions.This study was compiled from the author’sthesis, titled as “The Impact of Economic Sanctions as a Foreign Policy Instrument: The Example of U.S. Sanctions on Russian Energy Industry”.
Kayıt Giriş Tarihi
(dc.date.accessioned)
2023-12-28
Açık Erişim Tarihi
(dc.date.available)
2023-12-28
Haklar
(dc.rights)
Yeditepe University Academic and Open Access Information System
Erişim Hakkı
(dc.rights.access)
Open Access
Telif Hakkı
(dc.rights.holder)
Unless otherwise stated, copyrights belong to Yeditepe University. Usage permissions are specified in the Open Access System, and "InC-NC/1.0" and "by-nc-nd/4.0" are as stated.
Telif Hakkı Url
(dc.rights.uri)
http://creativecommons.org/licenses/by-nc-nd/4.0
Telif Hakkı Url
(dc.rights.uri)
https://rightsstatements.org/page/InC-NC/1.0/?language=en
Açıklama [Genel]
(dc.description)
Final published version
Açıklama [Not]
(dc.description.note)
Note: This preprint reports new research that has not been certified by peer review and should not be used as established information without consulting multiple experts in the field.
Tanım Koleksiyon Bilgisi
(dc.description.collectioninformation)
This item is part of the preprint collection made available through Yeditepe University library. For your questions, our contact address is openaccess@yeditepe.edu.tr
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