Economic Coercion
Economic coercion refers to the use of economic power to influence or manipulate the behavior of a country, organization, or individual. This can involve tactics such as sanctions, trade restrictions, or financial pressure to achieve specific political or strategic goals. The aim is to compel the target to change its actions without resorting to military force.
Countries often employ economic coercion as a tool in international relations. For example, the United States has used sanctions against Iran to deter its nuclear program. Such measures can have significant impacts on the targeted economy, affecting trade, investment, and overall stability.