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Business, international

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Unsatisfactory sanctions

Article Abstract:

Economic sanctions are imperfect policy instruments and the isolation imposed on Serbia and Iraq has allowed regimes in those countries to justify repression, encourage paranoia and disclaim responsibility for the suffering of their peoples. Countries imposing sanctons can also lose moral authority elsewhere. Infant mortality has risen in Iraq, despite the oil-for-food program of the United Nations. Sanctions against Serbia have been eased, and this may cut risks of deaths from cold due to lack of fuel. Other methods of achieving objectives should be developed rather than sanctions, sich as inspections of imports.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
Editorial, Political aspects, International relations, Economic sanctions, Sanctions (International law), Iraq, Serbia

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Damned lies

Article Abstract:

Some standard statistical measures are becoming increasingly misleading as a result of rapid technological development, globalization and changes in economic activity. However, policy-makers and financial institutions are in fact placing growing emphasis on these measures. They are very unwilling to adopt new definitions, being naturally extremely cautious. It is now time for them to exercise more imagination, adapting statistical tools rapidly to changing economic conditions.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
Management, Statistics, Statistics (Data)

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