Department of Computational Mathematics and Cybernetics, Lomonosov Moscow State University, Moscow, Russia
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Sanctions and their Impact on Developing Countries
Author(s): 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... Read More»
DOI:
10.37421/2375-4389.2023.11.413
Journal of Global Economics received 1931 citations as per Google Scholar report