This content got low rating by people.

How Technology Restrictions Backfire

notable(56)
Published in
#waivio
Words
62
Reading
1 min
Listen
Play
2y

Sanctions on technology only work against smaller economies with limited resources.

When applied to moderate or large economies, they spur those countries to develop their own technologies, accelerating their industry growth.

Additionally, the sanctioning country suffers by losing revenue from tech sales, hindering their own development.

IMG_7903.jpeg

Source

The failure of Western politicians to foresee these consequences is astonishing.

#sanctions #china #USA #politics

How Technology Restrictions Backfire | Ecency