A key feature of the international community’s response to Russia’s aggression against Ukraine has been the adoption of sanctions.
But what exactly are sanctions and how do they operate in practice?
And most importantly, are they likely to have any meaningful impact?
What are sanctions?
Sanctions are coercive measures that can be applied to diplomatic, economic and cultural relations between states. Commonly non-military in nature, they are imposed by one state against another (unilateral sanctions) or by an international organisation, such as the United Nations (collective sanctions).
Historically, measures have ranged from comprehensive sanctions to more targeted measures prohibiting trade in particular items, such