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MF Kosyk's avatar

Good overview of sanctions -- but the effect of sanction-caused scarce micro-chip supply and the effect on “smart-missile” production wasn’t noted. It would seem this, at least from the Ukrainian perspective, would be an extremely important effect of sanctions.

Sanctions also provide “distraction” -- the country’s leadership needs to address other issues in the economy rather than devote their full attention to the war.

Sanctions neither win wars nor change regimes by themselves (as noted), they undermine the warring country’s ability to prosecute the war -- at least not as effectively as they could have without sanctions.

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Nataliya Smorodinsksaya's avatar

Support your point! Thank you! Surely, sanctions rarely reach their political goals immediately or in full. But even a parcial success (to gradually decrease fiscal revenues) is considered also a success. Expanding the import embargo on food and consumer goods is not a way, this would only consolidate people stronger around the flag. And let me additionally remark that sanctioned economies like, say, Iran can expand only nominally, under permanent downfalls and high inflation, they are gradually lagging behind the world average in terms of per capita GDP (according to the World Bank data in constant prices). So, sanctions are not an optimal tool but the only one (among peaceful means) to limit possible scales of aggressive behaviour.

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