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ECOSOC – The impact of economic sanctions on LEDCs

Home / ECOSOC – The impact of economic sanctions on LEDCs

Introduction

Economic sanctions have become more and more common in the modern area and have, in many cases, replaced violence and war as a means of pressuring other states. In the recent example of the Russian invasion of Ukraine we have seen the use of economic sanctions as an answer to actual military violence. Many countries responded to Russian aggression by imposing economic sanctions unprecedented in scope and size on the Russian Federation. These sanctions however, have ripple off effects on the entire global economy and can cause enormous damage far away from the intended Russian targets. This could be interpreted as a kind of collateral damage from the sanction weapons aimed at the Russian Federation. This damage has been particularly harsh on LEDCs and the poorest people who are less capable of absorbing an economic shock. The committee should discuss if such economic collateral damage is an acceptable side effect of economic sanctions and provide a framework for, where possible, limiting the effects of sanctions on unintended victims. 

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