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Economic Sanctions Against Iran: Is the Third Decade a Charm?

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  • Jeffrey J Schott

Abstract

This paper provides background and history of economic sanctions on Iran. Particular attention is paid to the effectiveness of the sanctions and to factors that have mitigated their effectiveness. The United States and other countries have joined in a coalition to impose the sanctions, but it will be difficult to maintain the coalition and get cooperation of nonparticipant countries if there is a major oil price increase. Measures are recommended to reduce this risk and maintain the effectiveness of the sanctions.

Suggested Citation

  • Jeffrey J Schott, 2012. "Economic Sanctions Against Iran: Is the Third Decade a Charm?," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 47(3), pages 190-192, July.
  • Handle: RePEc:pal:buseco:v:47:y:2012:i:3:p:190-192
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    Cited by:

    1. Smeets, Maarten, 2018. "Can economic sanctions be effective?," WTO Staff Working Papers ERSD-2018-03, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Chen, Yin E. & Fu, Qiang & Zhao, Xinxin & Yuan, Xuemei & Chang, Chun-Ping, 2019. "International sanctions’ impact on energy efficiency in target states," Economic Modelling, Elsevier, vol. 82(C), pages 21-34.
    3. M. Reza Gharibnavaz & Robert Waschik, 2015. "A Computable General Equilibrium Model of International Sanctions," Centre of Policy Studies/IMPACT Centre Working Papers g-255, Victoria University, Centre of Policy Studies/IMPACT Centre.

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