Diamonds for Life: New on Conflict Diamonds, Blood Diamonds, Conflict Free Diamonds and the Kimberly Process

Do sanctions ever work?

Posted in News by Admin on July 31st, 2007

Source:The Council on Foreign Relations  

A recent debate on the Council of Foreign Relations website discussed the issue of economic sanctions and their effectiveness to curb violence. Of course, this is quite relevant to conflict diamonds. The Kimberley Process is no more than an economic sanction from the international community.

 At first glance we can worry about the effectiveness of the Kimberley process. The article is quite skeptical as to whether sanctions work in many cases. It brings to light that ‘ignorant’ diplomats make the threats, rather than educated economists who know the actual effects that sanctions cause. It cites evidence that further shows the threat of economic sanctions is usually what curbs governments rather than the execution of the sanction, which can take many years to have an effect.

So what exactly makes the Kimberley Process different? It can be best put in the authors’ own words: 


“If a regime depends on straightforward patronage, distributing spoils to its backers, then it may be vulnerable to economic weapons. Such regimes usually rely on revenues from a finite number of commodities, such as oil, diamonds, or timber. If you can block its access to these honeypots, you might be able to cow the government without harming too many of its subjects. That, of course, is the logic behind things like the Kimberley Process, which try to keep blood diamonds off international markets, and the Forest Stewardship Council’s attempts to do the same for illegal logging.”  

“I’m sympathetic to the Kimberley process, by contrast, because it offers an economic prescription for what is, at bottom, an economic malady. Greed not grievance sustained the fighting in Angola and Sierra Leone. Therefore, stifling diamond profits also slowed the bloodletting.”  

The Kimberley Process seems to be hitting the root of the problem. It is not just a show which will not bring about actual change. This sanction is having an effect.  

  

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