Neuenkirch, Matthias; Neumeier, Florian - FIW - 2015
In this paper, we empirically assess how economic sanctions imposed by the UN and the US affect the target states’ GDP … growth. Our sample includes 68 countries and covers the period 1976–2012. We find, first, that sanctions imposed by the UN … have a statistically and economically significant influence on economic growth. On average, the imposition of UN sanctions …