Sanctions' Success Rate Varied
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Sanctions rarely achieve their goals. Here's why they failed in Russia and Myanmar
84% Informative
Sanctions are, according to research, effective less than 10% of the time if sanctions are imposed with the imposed external pressure.
Russia 's large, diverse economy and abundant natural resources make it more resilient to sanctions than some smaller and less diversified nations.
China , India , Japan and neighboring south-east Asian countries continue to engage in business with Myanmar .
Some western governments have imposed sanctions on state-owned banks in Myanmar in an attempt to stop revenue from reaching the junta.
Sanctions drive nations towards building domestic industries to replace imported goods and strengthening alliances with supportive countries.
But at the same time, businesses have a duty to exit a country when they are no longer able to adhere to their own human rights commitments.
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