Economic Sanctions

Economic Sanctions

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The first ethics question talks about the economic sanctions that the United States places on Iran. The sanctions disallow international trade and investment between U.S. and Iranian business people. Business leaders in the United States would like the sanctions removed so that they can be included in lucrative Iranian oil and gas deals which firms from other countries are engaging in. Other opponents to the Sanctions wonder if a policy of offering ?all stick and no carrot? is undermining social and political change in Iran since the offending regime goes largely unpunished.
I don?t feel that sanctions can be effective at changing the behavior of governments. Take Cuba for example, we?ve had an embargo placed on the country for years in order to persuade them to change their government. Castro is still in charge and leads the country just the same. While the embargo does limit the economic success that the country has had, it has not forced the country to topple. What it does is force the country such as Iran to do is to develop strategies for diversifying trade routes, to find new economic partners, and reducing dependence on oil export revenues

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