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Economic sanctions continue to play an important role in the response to terrorism, nuclear proliferation, military conflicts, and other foreign policy crises. But poor design and implementation of sanctions policies often mean that they fall short of their desired effects. This landmark study, first published in 1985, delves into the rich experience of sanctions in the 20th century to harvest lessons on how to use sanctions more effectively. This volume is the updated third edition of this widely cited study. It chronicles and examines 170 cases of economic sanctions imposed since World War I. Fifty of these cases were launched in the 1990s and are new to this edition. Special attention is paid to new developments arising from the end of the Cold War and increasing globalization of the world economy. Analyzing a range of economic and political factors that can influence the success of a sanctions episode, the authors distill a set of commandments to guide policymakers in the effective use of sanctions.
Shifts in global economic dominance are by nature tectonic and never precipitated by single events. The Great Recession of 2008–09, however, has presented the European Union, its common currency the euro, and the United States with new global challenges. The transatlantic partnership has dominated the world economy since the early 20th century and, based upon US and European values and interests, has designed and sustained all its principal global political and economic institutions. But countries outside the European Union and United States now account for about half of the world economy, and in the aftermath of the Great Recession their share is growing rapidly. Hence their increasing ro...
Nearly two-thirds of countries that pursued nuclear weapons have abandoned their programs. Delaying Doomsday examines how the United States has successfully persuaded states to give up their nuclear weapons programs in the past, and how the international community can continue this success in the future. The book draws on interviews with current and former policymakers, as well as in-depth case studies of India, Iran, and North Korea to provide policy recommendations on how best to manage nuclear proliferation challenges from rogue states. It also outlines the proliferation horizon, or the set of state and non-state actors that are likely to have interest in acquiring nuclear technology for civilian, military, or unknown purposes. The book concludes with implications and recommendations for U.S. and global nuclear counterproliferation policy.
A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.
North Korea and Myanmar (Burma) are Asia's most mysterious, tragic stories. For decades they were infamous as the region's most militarized and repressed societies, self-isolated and under sanctions by the international community while, from Singapore to Japan, the rest of Asia saw historic wealth creation and growing middle class security. For Burma, the threat was internal: insurgent factions clashed with the government and each other. For North Korea, it was external: a hostile superpower--the United States--and a far more successful rival state--South Korea--occupying half of the Korean peninsula. Over time, Myanmar defeated its enemies, giving it space to explore a form of democratization and openness that has led to reintegration into international society. Meanwhile, North Korea's regime believes its nuclear arsenal--the primary reason for their pariah status--is vital to survival.
As the U.S. National Defense Strategy recognizes, the United States is currently locked in a great-power competition with Russia. This report seeks to define areas where the United States can compete to its own advantage. It examines Russian vulnerabilities and anxieties; analyzes potential policy options to exploit them; and assesses the associated benefits, costs, and risks, as well as the likelihood of successful implementation.
Iran's nuclear program is one of this century's principal foreign policy challenges. Despite U.S., Israeli, and allied efforts, Iran has an extensive enrichment program and likely has the technical capacity to produce at least one nuclear bomb if it so chose. This study assesses U.S. policy options, identifies a way forward, and considers how the United States might best mitigate the negative international effects of a nuclear-armed Iran.
Sean McFate lays bare the opaque world of private military contractors, explaining the economic structure of the industry and showing in detail how firms operate on the ground. As a former paratrooper and private military contractor, McFate provides an unparalleled perspective into the nuts and bolts of the industry, as well as a sobering prognosis for the future of war.
Survival, the IISS’s bimonthly journal, challenges conventional wisdom and brings fresh, often controversial, perspectives on strategic issues of the moment. In this issue: Nigel Gould-Davies assesses the impact of Western sanctions on Russia, arguing that they represent a major development in economic statecraft In a special colloquium on the North Korean nuclear threat, Jina Kim, John K. Warden, Adam Mount, Mira Rapp-Hooper, Vipin Narang, Ankit Panda, Ian Campbell and Michaela Dodge offer their ideas for deterring Pyongyang Alexander Klimburg warns that CYBERCOM’s strategy of ‘persistent engagement’ is encouraging a cyber arms race And eight more thought-provoking pieces, as well as our regular book reviews and noteworthy column