Naghavi, Alireza; Pignataro, Giuseppe - In: Journal of Economic Behavior & Organization 111 (2015) C, pp. 1-12
This paper provides a simply theory to explain the impact of sanctions on a regime's policies and behavior. Sanctions … discontent in the population. We show however that sanctions may give legitimacy to an incumbent government by influencing the … state of nature sanctions build resilience as long as religious ideology among the population is strong, at bad times they …