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Evolution of the US Unilateral Sanctions as a Tool of Foreign Policy

Student: Evgeniy Cherezov

Supervisor: Anastasia Likhacheva

Faculty: Faculty of World Economy and International Affairs

Educational Programme: International Relations (Bachelor)

Year of Graduation: 2020

Economic sanctions as an instrument of country’s external policy have evolved into the prior foreign policy tool in XXI century. United States as a world financial leader has introduced sanctions to the worldwide policy practice and has popularized them either. Any news connected with sanctions immediately captures the front pages of newspapers and magazines, such tool incites a vigorous debate among experts of foreign affairs and government officials. Moreover, a wider range of countries start to implement such instrument in their political course, even a pretty small countries. In this research, we tried to discover, what does the sanctions' policy mean today? What did it mean yesterday? And what it supposed to mean tomorrow? For that purpose in mind, we’ve analyzed the theoretical base of sanctions, their types and goals. Afterward, we’ve conducted a comprehensive analysis of 2 major cases of the US sanctions policy – against Iran and Russia. In addition, we’ve analyzed the expansion of sanctions usage to the new players on the world area and their perceptiveness in the era of digitalization of world economy. With the outcomes we get, we’ve tried to predict its future development. Are we right? It remains to be seen.

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