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Journal of Global Economics

ISSN: 2375-4389

Open Access

Sanctions and their Impact on Developing Countries

Abstract

Zenfer Zoha*

This paper explores the intricate relationship between sanctions and developing countries, focusing on their economic, political and humanitarian impacts. Sanctions, often employed as diplomatic tools, can significantly affect the economies, politics and well-being of vulnerable populations in developing nations. Trade restrictions and financial penalties can hinder economic growth, while political consequences may lead to regime entrenchment or instability. Most concerning are the humanitarian effects, including restricted access to healthcare and food security. Developing countries employ various strategies to mitigate these impacts, emphasizing the need for a nuanced and balanced approach to sanctions to prevent unintended harm to the most vulnerable.

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Citations: 2175

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