International Relations 101 (#47): Economic Sanctions Basics
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- Опубліковано 25 жов 2014
- gametheory101.com/courses/inte...
What are economic sanctions and what are they intended to do? This unit covers the important issues, beginning with the basics.
With what's currently going on in the world I wanted a basic grasp of what Sanctions are. Your video was the first to show up in the search. Thanks. Now I kinda understand.
Same. Respect for actually tying to have a rational view 🤙
So helpful, made writing my paper a joy!! subscribed
Thanks for the clear explanations.
Great elaboration!
Nice video. East to understand.
Excellent presentation! Simple and to the point.
Just in case you, or any of your viewers, are interested, I'd like to work on the idea/ concept of nations replacing the use of economic sanctions and embargoes, with economic incentives. I'm trying to find ways to test the idea. Perhaps someone knows how to create a computer game to test the idea among multiple users.
Also, I was thinking of using revenue neutral incentives as a way to off-set some the inefficiency problems
Again. Great video. Thanks.
dude you ever got that done . that sounds fucking sick
Cool you're on to something 🤔
Hey, did you ever make a simulation?
What role does the security council play in sanctions?
Great video! It's still relevant to today. Also, I came across your channel while learning more about economic consulting (that's the career I'm currently pursuing at the moment). Would love if you could do a video about it.
How is economic consulting going, or did you decide to opt for something else?
@@PunmasterSTP I opted for something else at the moment (data science or quantitative finance). Although I'm in grad school now and was originally pursuing economic consulting, life plans have changed since the pandemic started
@@michaelijeh627 I understand, and I know the feeling. I wish you the best my friend!
I think this was a fascinating video, and that it gets at something fundamental to humanity and perhaps life itself. Why couldn’t humans get along without any conflict at any stage in our history? I don’t think there’s any simple answer, but I think part of the reason is that “The best defense is a good offensive.” I think a lot of times it’s better to be aggressive than wait to be attacked. I suppose that sometimes there exists a first strike advantage…
great video, but could you please spell out that term which means " a world where we trade", sorry couldn't quite catch it in the video
Autarchic world - no trade (self sufficient)
Not to be confused with anarchic world.
Which countries in theory have the most power to impose the most damaging sanctions on the UK or US?
yam s I would go with Canada for the United States and Germany or the U.S. for the U.K.
en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States
www.theguardian.com/news/datablog/2010/feb/24/uk-trade-exports-imports#_
@Keyser Soze completely agreed on this one
This video aged really well
Thought the same...
by "state", I assume you refer to sovereign states, over the national subdivision called a "state" - e.g. the "German State" vs the "US State of New York"?
Yep. He clarified this in an earlier video.
@@valeriadaliberti4624 it's always hard to tell with an American saying it
With the actual US administration severe sanctions are likely to happen in near future which would concern many countries like Iran,China to mention a few.what good are sanctions if targets aren't met.
I wasn’t following along too closely, so I’m curious how you think the sanctions turned out. Were they as severe as you were expecting?
I Love Political Sanctions Nice!
Wow is this new? I wonder what other episodes I missed! Here's a Planet Money episode which also talks about how sanctions rarely work. www.npr.org/blogs/money/2012/01/17/145361054/the-tuesday-podcast-do-sanctions-work
I've uploaded a handful of IR lectures in the last few months---on UN voting, war data, leaders, and now a full unit on sanctions.
Goal was to deter aggression in Ukraine and curtail Russian influence in Eastern Ukraine, you say?
That sure aged well.
So then why do not the countries which supports Venezuela's sovereignty and recognise Maduro as the President , also put sections on America , all together ??? At least maybe that wil make America see that she is not making many friends this way
In simple words, US still is the boss of international financial system. The US dollar is still the global currency and all the trade that happens goes through the mechanism made and controlled by none other than the US. Doesn't matter how much you or i may hate this hegemony of the US, it's a reality.
wrg, not, think any no matter what, not econ101, nonerx, no such thing as influex or not