Economic Blockade


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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Economic Blockade

 

the economic isolation of a blockaded country, the aim of which is to produce disruptions in its economy by depriving it of raw goods and of markets for the sale of its commodities. An economic blockade is carried out by means of the termination (prohibition) of trade, financial, credit, and other economic ties with the blockaded state. It may be extended simultaneously to all economic ties or only to particular forms of such ties with the blockaded country. The termination of credit ties with a blockaded country, for example, can be an instance of partial economic blockade. An economic blockade is generally connected with a political blockade and is often combined with a military blockade, even without military operations.

An example of an economic blockade is the so-called Continental System organized by Napoleon I against England in 1806–07, into which nearly all the states of Europe, including Russia, were drawn. The Southern and Northern states of America used economic blockades against each other during the Civil War of 1861–65. Economic blockades were employed extensively by the Western European countries in World Wars I and II. From 1914 to 1918 an economic blockade of Germany was carried out by the countries of the Triple Entente. (Initially, the import of finished goods of military value into Germany was prohibited; later, strategic raw materials were also banned.)

The UN Charter provides for a blockade as a permissible collective measure to be carried out by member nations of the UN in order to restore and maintain peace; a blockade is carried out by a resolution of the Security Council on the basis of Articles 39 and 41 of the UN Charter.

The imperialist states have repeatedly used economic blockades as implements of struggle against socialism and the national liberation movement. The imperialist powers employed a blockade against the young Soviet republic. At the end of 1917 the government of the USA terminated trade relations with Soviet Russia; in 1918 the governments of England and France did the same. In October 1919, the Supreme Council of the Entente declared a complete prohibition of all forms of economic ties with Soviet Russia. The imperialist powers attempted to use a blockade to stifle the first socialist state in the world by starvation. The states of the Entente were forced to lift the blockade (January 1920) as a result of the failure of the intervention against the Soviet republic and the growth of contradictions in the economy of the imperialist countries themselves. Suffering defeat in the organization of a general blockade, the imperialist states attempted to organize the so-called gold blockade; they refused to accept Soviet gold as a medium of payment. Somewhat later, they organized a credit blockade, refusing to grant credits to the USSR. The Soviet Union successfully broke through one form of economic blockade after another.

After World War II (1939–45) the government of the USA attempted to organize an economic blockade of a number of socialist states: the People’s Republic of China, the Democratic People’s Republic of Korea, the Democratic Republic of Germany, and the Republic of Cuba. In practice, however, these attempts led to the isolation of the USA from the markets of these countries.

I. I. DIUMULEN

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Caraballo described the U.S economic blockade of Venezuela as an attack to democracy, violation of Venezuela's sovereignty independence, human rights of Venezuelans, international law and Multi-lateralism.
Qatar economy, Sheikh Abdulla noted in the latest edition (10th) of QCB's Financial Stability Review, "has fully come out of the initial adverse impacts" from the economic blockade with normalisation of capital flows and strengthening of macroeconomic conditions.
The Syrian students and community in Egypt also condemned the policies of economic blockade for subjugating peoples and governments that reject foreign dictates and adhere to its independent national decision.
This is a sign how those countries imposing blockade on Qatar encouraged the Qatari people to remain united and patriotic.Will Nepal learn from Qatar?Time and again, Nepal has faced economic blockade from India.
28 ( ANI ): The northeastern state of Manipur has been enduring a prolonged economic blockade, effected by the United Naga Council (UNC), over the creation of new districts.
Security Council unanimously imposed new, tougher sanctions on North Korea on Friday for its recent intercontinental ballistic missile test, a move the North branded an economic blockade and act of war.
Beijing - The latest UN sanctions against North Korea are an act of war and tantamount to a complete economic blockade against the country, North Korea's foreign ministry said on Sunday, threatening to punish those who supported the measure.
"Despite the fact that European Parliament's recent action is an important step forward, it is critical to have the European Union institutions and leadership to show political and tangible support towards Azerbaijan's Nagorno-Karabakh region and its seven districts, and denounce the Armenian economic blockade imposed against the Autonomous Republic of Nakhchivan for almost thirty years," he said.
Kazakhstan calls the blockade ecological, while Kyrgyzstan sees the economic blockade, he said.
"We can certainly say that the Qatari people have not significantly suffered from the economic blockade. There is no shortage of consumer goods.
The leader of the pro-Russian rebel group in Ukraine known as Donetsk People's Republic has planned to cut all economic ties with the rest of the country in response to an economic blockade placed on the separatist-controlled city of Donbass.
5 (SUNA) - The member of the Economic Committee of the National Dialogue Mahjoub Erwa has reviewed, as representative of national figures, the challenges facing Sudan Economy including the unjust international economic blockade, disintegration into the positive global economy such as joining of the World Trade Organization (WTO) and the weak economic structure economy.

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