This thesis aims to discuss how modern-day sanctions came to be. It argues that sanctions are a direct result of World War One Entente economic and financial policies towards the central powers,...Show moreThis thesis aims to discuss how modern-day sanctions came to be. It argues that sanctions are a direct result of World War One Entente economic and financial policies towards the central powers, which were then repurposed to be used in peace time after the war as an instrument to enforce the will of the newly established League of Nations.Show less