Document Type

Working Paper

Publication Date

3-22-2016

SSRN Discipline

Economics Research Network; Legal Scholarship Network; Law School Research Papers - Legal Studies; International Law & Trade eJournals; LSN Subject Matter eJournals; Public International Law eJournals; Financial Economics Network; Management Research Network

Abstract

This chapter addresses the subject of the legal limitations that international law places on the imposition of coercive international economic and financial sanctions with particular reference to sanctions with counterproliferation aims "” ie purposed in stopping the actual or suspected proliferation of weapons of mass destruction WMD Economic sanctions whether imposed multilaterally by the UN Security Council or unilaterally by states have become an increasingly utilized tool of coercive policy particularly by powerful states and international organizations against weaker developing states This makes the identification and clarification of existing and emerging rules of international law imposing limits upon the ability of states and international organizations to lawfully impose coercive economic sanctions an important part of the development of a more mature and equitable international legal system This chapter will focus on two main areas of customary international legal obligation the sources of which impose limits on the application of coercive international economic sanctions by states and international organizations including the UN Security Council The first is the general international law principle of economic noncoercion and the second is international human rights law

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