Rethinking Sanctions Efficiency
Journal: Russia in Global Affairs
Year: 2019

The article revisits the issue of economic sanctions efficiency. It concentrates on changes in business behavior when it is affected by governmental enforcement actions. The empirical groundwork is composed of 205 cases of U.S. governmental investigations vis a vis business in 2009-2019. The article tests two major hypotheses. The first one is about the measure of rationality of business when it violates existing sanctions regulations. The second one is about changes in business behavior during