economic coercion

Economic coercion is when one country, organization, or individual uses financial pressure or threats to influence another’s actions or decisions. This can include imposing sanctions, withholding trade or investment, or manipulating prices to compel compliance. The goal is to persuade someone to change their behavior without resorting to direct violence or force. While often used as a tool of diplomacy or power, economic coercion can strain relations, cause economic hardship, and raise ethical concerns about fairness and sovereignty.