Iranian Sanction Impact examines the wide-ranging effects of economic sanctions on Iran, detailing how the nation has adapted its resource economics and trade networks in response to international pressure. It's a critical analysis of how international trade and political economy intersect, particularly as sanctions become a more common tool in international relations. The book argues that while sanctions cause disruption, they also spur innovation and the search for alternative economic pathways. For example, prolonged isolation has led to strengthened regional partnerships and a focus on non-dollar trade mechanisms.
The book unfolds across three key sections, beginning with the theoretical frameworks for understanding economic sanctions, including dependency theory and resilience economics. It then explores the adaptation of Iran’s resource-dependent economy, focusing on changes in the exploitation and distribution of resources like oil and gas. Finally, it examines the development of regional trade networks with countries like China and Russia, highlighting mechanisms such as currency swaps and informal trade channels.
By focusing on adaptive strategies alongside the challenges posed by economic coercion, this book provides a nuanced understanding valuable to policymakers, economists, and anyone studying international relations.
