Consequences for Bad Behavior: Assessing the Effectiveness of Sanctions on Elites

Presenter

Patrick Kelly Sweeney

Campus

UMass Amherst

Sponsor

Kevin L. Young, Department of Economics, UMass Amherst

Schedule

Session 1, 10:30 AM - 11:15 AM [Schedule by Time][Poster Grid for Time/Location]

Location

Poster Board C12, Poster Showcase Room (163), Row 2 (C11-C20) [Poster Location Map]

Abstract

Economic sanctions are commonly used by Western countries such as the United States as a form of compellence or economic punishment. The United States and its allies regularly use sanctions, both on states and individuals, particularly the societal elite. However, the effectiveness of sanctions against elites and state regimes are debated. Using available data sources of American sanctions on oligarchs and regimes as well as news articles, this paper explores and discerns the effect and efficiency of these sanctions on targeted elites. Through this research, I aim to discover the impact of sanctions in regard to the reactions and shifting behavior of elites. I anticipate finding that sanctions harm both targeted state regimes and elites to an extent, and that individuals change their behavior in response to sanctions.

Keywords

Elites, Sanctions, Economics, Foreign Policy

Research Area

Business & Economics

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