Always Affecting the Wrong People? The Impact of US Sanctions on Poverty

In this paper, we analyze the effect of US economic sanctions on the target countries’ poverty gap during the period 1978–2011. Econometrically, we employ a nearest neighbor matching approach to account for differences in the countries’ economic and political environment and the likelihood of being...

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-д хадгалсан:
Номзүйн дэлгэрэнгүй
-д хэвлэсэн:MAGKS - Joint Discussion Paper Series in Economics (Band 10-2015)
Үндсэн зохиолчид: Neuenkirch, Matthias, Neumeier, Florian
Формат: Өгүүллэг
Хэл сонгох:англи
Хэвлэсэн: Philipps-Universität Marburg 2015
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Тодорхойлолт
Тойм:In this paper, we analyze the effect of US economic sanctions on the target countries’ poverty gap during the period 1978–2011. Econometrically, we employ a nearest neighbor matching approach to account for differences in the countries’ economic and political environment and the likelihood of being exposed to US sanctions. Our results indicate that US sanctions are indeed affecting the wrong people as we observe a 2.3–5.1 percentage points (pp) larger poverty gap in sanctioned countries compared to their nearest neighbors. Severe sanctions, such as fuel embargoes, trade restrictions, the freezing of assets, or embargoes on most or all economic activity are particularly detrimental and lead to an increase in the poverty gap by 6.1–7.4 pp.
Биет тодорхойлолт:18 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0372