Sanctions. They’re the talk of the town right now as the world watches Russia’s invasion of Ukraine. Social media and the news networks are full of “experts” sharing their opinions on every aspect of sanctions associated with the current world situation. Should they have happened sooner? Did the West wait long enough? Are they too harsh? Should they be much tougher? Is there a clear criteria for Russia to comply with to have them removed? Will they ever completely go away? A BETTER PEACE welcomes Mark Duckenfield, former Department Chair of the Department of National Security and Strategy to discuss the topic. Mark holds a PhD in political science from Harvard University where he specialized in European political economy. He joins podcast editor Ron Granieri in the virtual studio to look at sanctions from a historical perspective. When have sanctions worked? When have they failed? What are the necessary conditions of economies, cultures and people that will enhance or stymie the effects of economic sanctions?
Well probably the most famous successful application was the American and Allied sanctions and threatened sanctions against Britain and France during the Suez crisis in 1956…they started interfering with British and French abilities to get loans and the British and French, though militarily successful, ended up caving very quickly.
Podcast: Download
Subscribe: Android | Email | RSS
Mark Duckenfield is Professor of International Economics in the Department of National Security and Strategy (DNSS) and at the Strategic Studies Institute and the former Chair of DNSS at the U.S. Army War College. He holds an MA and a PhD in Political Science from Harvard University where he specialized in European political economy. He has written numerous academic articles on gold, financial crises and international political economy and is the author of the book Business and the Euro.
Ron Granieri is Professor of History at the U.S. Army War College and the Editor of A BETTER PEACE.
The views expressed in this presentation are those of the speakers and do not necessarily reflect those of the U.S. Army War College, U.S. Army, or Department of Defense.
Photo Credit: Iron chain photo created by d3images – www.freepik.com, Rubles courtesy of MaxPixel.net