We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...

"Sanctions as War: Anti-imperialist Perspectives on American Geo-Economic Strategy offers the first comprehensive account of economic sanctions as a tool for exercising American power on the global stage. Since the 1980s, the US has steadily increased its reliance on economic sanctions, or the...

At least since Russia deployed North Korean artillery and ballistic missiles against Ukraine, it is obvious that Pyongyang fuels conflicts far beyond North-East Asia. Yet, the indirect threats that North Korea poses to Europe's security and stability have developed a new quality: Pyongyang is...

Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the...

Environmental degradation is one of the potentially unforeseen consequences of sanctions, yet few studies have investigated how sanctions affect the environment. For instance, by restricting the acquisition of more efficient technologies, sanctions can strain natural resources and erode...

In Iran, barley is considered the second-largest cultivated crop. However, more than 40% of Iran's requirements are imported from the international market. Due to the importance of barley in providing livestock feed and food security, its price variation is a critical issue for Iranian...

In Sanctioning Assad's Syria Rune Friberg Lyme explores the direct and indirect repercussions of the international sanctions on Syria's institutional infrastructure, socioeconomic situation and political power structures, underpinning the regimes authoritarian rule. A comprehensive battery of...