We're having a series of debates at Uni with prominent dignitaries acting as moderators and judges.. among the issues that raised keen interest was whether economic sanctions really do work. Me and 2 of my friends made a case that while economic sanctions do not really work, but are nonetheless essential because of their significant symbolic value. But before imposing any sanction of the like nature, one really has to be careful cuz history has shown us it can backfire and lead to results totally contrary to what was desired.
In the wake of recent turmoil in Burma, the US and several EU nations have imposed economic sanctions against the ruling Myanmar and the US, in particular have stepped up and asked all companies who have started business in Myanmar after 1997 to shut up shop. TThe US and EU have also imposed an arms embargoes and issued travel advisories against visiting Myanmar.
While the intentions are noble, the problem really is EU and US trade are not really major trading parters of Myanmar, and China, India and Thailand and a large ASEAN block continues to deal with them. Australia, too hasn't suspended trading relations with Mynamar, with the PM stating that while the situation is appalling, economic sanctions aren't the way to go. Thus, while trading remains largely unaffected, while the military junta have turned to China for arms. The freezing of assets would largely be ineffective too, since most of them have remained frozen since a fair while back.
Burma is a major exporter of gemstones, teakwood and textiles. Now, the ban on the import of gemstones and teakwood will actually result in more profits for the junta since it'll take place the shady way and junta stand more to gain than lose really. The ban on textiles is a bit discomforting for them, but it's gonna affect the common people more than the regime really..it might push several 1000's out their jobs and shut down small-scaled privately-owned enterprises. The boycott of travel, as advocated by Aung San Suu Kyi is most likely to have a similar impact on the population earning their livelihood because of tourism and related activities.
The suspension of aid is another crucial issue..the result might well be disastrous..do we want people to starve or die of completely curable common diseases ..We don't want people of Burma to be damned twice..already by the oppressive junta and then let-down by intl community..it has happened before in Sudan. Hence instead of suspending aid completely, it might be better to have a enforcing instiution in place administering all the aid..even if that means having to deal with some of the junta bs.
However, before dismissing the sanctions as an exercise in futility, one has to take several points on board..1.. Regardless of the impact it might or might not have, it seems the right way to go on principle and ethics. There are cynics who are dismissive of everything, but when you are fighting a wrong, u need to be on a higher pedestal than ur opponent..never underestimate the power of morality.
Secondly, nothing ever works as a sure thing in International politics, and there's hardly one single solution to an international dispute. A combination of methods is usually the way to go about the business, and while economic sanctions alone in unlikely to have an impact in the long run, atleast it is one of the things that's there in place, and if things do not work out on account of failure to take other actions, it would be wrong to blame the economic sanctions for the issue.
Thirdly, we need to be thinking solutions, and asking ourselves, if not economic sanctions, then what ?. I don't see any feasible alternatives at present..a military intervention without having a global consensus, after the failures in Iraq won't be the way to go about things, and lastly, though not relevant in context of Burma right now, economic sanctions is an effective way of statesmanship when we look at Cost-Benefit Analysis, more than military force.
So the best we could hope now is that we build a global consensus on the issue , specifically China and ASEAN neighbours on board and keep up the pressure on the junta and have a carrot and stick policy.
Here's the so-called "Clean List" and "Dirty List" of Companies, on the basis of whether they continue to do businesses in Burma.
Clean List : Companies Not supporting regime in Burma
http://www.burmacampaign.org.uk/dirty_li
st/clean_list.html
Dirty List : Companies who continue to ply their trade in Burma
http://www.burmacampaign.org.uk/dirty_li
st/dirty_list_details.html
Lastly...a piece of lyric that'd be so appropriate in the current context..great song too, about the torture perpetuated by Gen. Augusto Pinochet.
Sting - They Dance Alone [Cueca Solo]
Hey Mr. Pinochet
You've sown a bitter crop
It's foreign money that supports you
One day the money's going to stop
No wages for your torturers
No budget for your guns
Can you think of your own mother
Dancin' with her invisible son..
They dance alone They dance alone..
One day we'll dance on their graves
One day we'll sing our freedom
One day we'll laugh in our joy
And we'll dance..