1st Edition

The Routledge Handbook of the Political Economy of Sanctions

Edited By Ksenia Kirkham Copyright 2024
    360 Pages 19 Color & 3 B/W Illustrations
    by Routledge

    360 Pages 19 Color & 3 B/W Illustrations
    by Routledge

    The Routledge Handbook of the Political Economy of Sanctions examines the core issues and debates surrounding this controversial topic, introducing readers to essential concepts and terms. It communicates the evolving character of international sanctions from diverse perspectives, with a particular emphasis on questions of efficacy, legality, and legitimacy of sanctions, as well as the mechanisms by which they are applied.

    This interdisciplinary book explores the international political economy of sanctions in the constantly changing context of geopolitical rivalry. The authors investigate various theoretical and historical approaches to sanctions and apply these to specific case studies, such as the African Union, China, Cuba, India, Russia, Turkey, and the United States. The book gives a voice to sanctioned states and considers the impact of secondary sanctions. It analyses sanctions with reference to wider political debates such as national security, state sovereignty, economic warfare, and sustainability.

    This handbook will be of immense interest to students, researchers, and scholars in the fields of political economy, international sanctions, political science, international relations, and foreign policy. It will also be useful for all those employed by political institutions, businesses, and nongovernmental organisations when assessing current sanctions regimes.


    Ksenia Kirkham

    Section 1. Theoretical and Historical Aspects of Sanctions

    1. The Evaluation of Sanctions Efficacy

    Clara Portela

    2. A Brief Overview of the Evolution of the Use of Unilateral Sanctions

    Hazar Kaan Özkonak

    3. Theoretical Aspects of Sanctions

    Hajime Okusako

    4. Theoretical Identification of the Mechanisms of Sanctions

    Ksenia Kirkham, Yifan Jia and Yeseul Woo

    5. Sanctions, Deterrence and the Recent Case of Russia

    Wyn Bowen and Matthew Moran

    Section 2. Political Economy of Sanctions

    6. International Sanctions on Oil: Why Some Target States are More Capable of Avoiding Them

    Adnan Vatansever

    7. Financial Blacklisting and the Return Toward Indiscriminate Sanctions

    Joy Gordon

    8. The Termination of International Sanctions: Actors, Processes and Consequences

    Hana Attia, Julia Grauvogel and Christian von Soest

    9. Violence at a Distance: Correcting International Law’s Short-Sighted Vision of Economic Coercion

    Alexandra Hofer

    10. Sanctions when Sanctions Fail: Decoupling and US Policy Towards China

    Zeno Leoni, Mariam Qureshi and Sandra Watson Parcels

    11. Unilateral Sanctions as Sustainable Development Decelerators

    Vira Ameli

    Section 3. Target States: Voices from the Sanctioned States

    12. Do Sanctions Really Work? The Case of Contemporary Western Sanctions against Russia

    Ivan Timofeev

    13. The US Sanctions and the Chinese Political Economy

    Zhun Xu and Lingyi Wei

    14. Iranian Discourses and Practices on the US Sanctions: Rouhani and Raeisi Administrations

    Heidarali Masoudi

    15. The Political Economy of Sanctions: The Case of Cuba

    Raúl Rodríguez Rodríguez

    16. The Unintended Consequences of African Union Sanctions of Member States: Myths and Realities

    Francis Boateng Frimpong

    Section 4. Third Parties: The Impact of Secondary Sanctions

    17. Implications of Drifting Sanction Policies by Japan and Korea

    Noboru Miyawaki

    18. The U.S. Sanctions Offensive: Implications for ‘Third Parties’ and the Transatlantic Relationship

    Alan Cafruny

    19. The Impact of Western Sanctions on Global Supply Chains and the Green Transition: The Case of EV Battery Manufacturing in South Korea and the EU

    Ksenia Kirkham and Alen Toplišek

    20. How Do Third Parties React to Commodity Sanctions?

    Martijn C. Vlaskamp

    21. Overview of Secondary Sanctions: Turkey Under the Ghost of Western Economic Sanctions

    Mehmet Onder

    22. Emerging India and Sanctions: Balancing Norms and Interests

    Rishika Chauhan

    Section 5. Hot Debates: Legal Aspects of Sanctions

    23. Humanitarian Impact of Unilateral Sanctions

    Alena F. Douhan

    24. US Secondary Sanctions: Lawful After All?

    Joshua Andresen

    25. The Principle of Non-Intervention and the Dilemma of the Legality of the Unilateral Coercive Measures

    Pouria Askari

    26. Assessing the Legality of the EU Sanctions Imposed on the Russian Federation from 2022

    Antonino Alì


    Ksenia Kirkham is a Lecturer in the Department of War Studies at King’s College London, UK. Her current research interests include economic warfare, energy security and sustainable development, the political economy of sanctions, and welfare state regimes.