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Money Talks: Is the West losing its sanctions war?
Money Talks from The Economist
The evolving effectiveness of sanctions and the importance of global cooperation
The effectiveness of sanctions has diminished over time since the 1990s, with the G7 countries' share of global GDP decreasing. To have impactful sanctions on high-tech items, broader global participation is necessary as the banking and financial systems of many countries have grown substantially. There is a growing concern that demands made by the Western world, particularly the United States, lack incentives for cooperation, being more focused on enforcement rather than collaboration across various issues like trade and the environment.
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