The Effects of Economic Sanctions on the Informal Economy

Countries often use economic sanctions to coerce other countries to change certain policies of which they do not approve. However, if sanctioned countries smuggle goods over the border, use informal financial intermediaries, and develop black markets to trade sanctioned goods, sanctions end up havin...

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Bibliographic Details
Main Author: Ioana M. PETRESCU
Format: Article
Language:English
Published: Faculty of Management National University of Political Studies and Public Administration 2016-12-01
Series:Management Dynamics in the Knowledge Economy
Subjects:
Online Access:http://www.managementdynamics.ro/index.php/journal/article/view/198/155