Investigating the Effects of Sanctions on Iran's Economic Conditions Using a Combined Model of Sanctions Intensity and Modified Fuzzy DEMATEL

Authors

1 PhD Student, Faculty of Economics, University of Tehran

2 Associate professor, Faculty of Economics, University of Tehran

3 Professor, Faculty of Economics, University of Tehran

Abstract

Because colonial governments disrupt financial markets to exert political pressure on target countries. For this purpose, in this study, the effects of sanctions on the economic conditions of countries are examined. The criteria (sanctions) examined in this study were placed in international, property, commercial, knowledge, oil, finance and individual groups. These criteria are the sanctions imposed on Iran in the period 1984 to 2020. The method used for analysis is a combination of the Fuzzy Decision Making Trial and Evaluation Laboratory technique and sanctions intensity model. The results of this study indicate that in the introduced model, international sanctions are the most effective. These sanctions are most effective when the sanctioned government is in business. Thus, international sanctions have the greatest impact on the government's trade disputes (Commercial sanctions). International sanctions on a country like Iran, which trades in oil and sells its oil, affect oil sanctions as much as they affect Commercial sanctions, but less on individual sanctions. Finally, the results of the model indicate that the intensity of sanctions was at its peak between 2010 and 2015, with the greatest effect being due to international sanctions.

Keywords

References

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International Journal of Business and Development Studies
Volume 13, Issue 1
April 2021
Pages 5-32

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