Monday, March 31, 2014

Sanctions everywhere, but no results


Nice FT piece on sanctions. They are everywhere. If a country behaves badly in the world, hit them with  sanctions. Take aways their goodies with some old fashioned punishment. We can feel good about doing something and maybe the culprit will change. 

Accept in reality that is not the way the world seems to work. We isolate and hope the behavior will change. Unfortunately, it seems like the impact is not great. Are sanctions too weak? Hard to say. While sanctions try to be targeted, in reality most of the local population is harmed. It would be nice if we had a better way. 

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