Matthieu Crozet, Julian Hinz, Amrei Stammann, Joschka Wanner, 05 March 2021

Sanctions are imposed on a target country to exert political and economic pressure. But there is little evidence on how exporting firms regard trade with the sanctioned country. This column uses detailed monthly customs data from French firms to investigate the extensive margin of trade in episodes of sanctions-use against Iran, Russia, Cuba, and Myanmar. It finds the impact of sanctions is heterogeneous along firm dimensions and advises caution in the use of a policy tool with imprecise and unpredictable results.

Esther Duflo, 25 May 2008

The Burmese victims of Cyclone Nargis are tragically neglected by their terrible government and also suffering from insufficient international attention. We might help them by aiding private organisations already on the ground in Myanmar.

CEPR Policy Research