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The incidence of sanctioning behaviour is generally on the increase internationally. This study introduces, analyzes and seeks to clarify the issues that are fundamental to an understanding of the subject. The authors argue that only a public-choice analysis, with its emphasis on politics, can answer three important questions about sanctions: why, in the light of their weak economic impacts, are they being used more and more frequently?; why is it that they take the particular forms they do?; and why are they often successful even when their economic impact is slight?
What motivated South Africa's former white leaders to hand over the reins of power to a black government? Economist Anton D. Lowenberg examines the economic interests that led to apartheid and the economic prospects for post-apartheid South African society.
Peter van Bergeijk brings together 40 leading experts from all continents to analyze state-of-the-art data covering the sharp increase in (smart) sanctions in the last decade. Original chapters provide detailed analyses on the determinants of sanction success and failure, complemented with research on the impact of sanctions.
This Handbook provides a self-contained survey of the current state of defense economics in the form of chapters prepared by leading specialists on various aspects in the field. The volume summarizes not only received results but also newer developments, from recent journal articles and discussion papers. Theoretical analysis, econometric techniques, and policy issues are addressed. The chapters fall into two essential categories: surveys and conceptual studies. Survey chapters present a synthesis, interpretation, and evaluation of the literature for particular subfields of defense economics, whereas the conceptual chapters elucidate the analysis of specific topics. Both types of chapters provide directions for future research. As with other volumes in the Handbooks in Economics series, this Handbook will be a definitive source, reference, and teaching supplement for use by professional researchers and advanced graduate students. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
As the challenge of preventing military conflict has become increasingly complex in the post-Cold War era, economic sanctions are being applied with growing frequency. Sanctions are also being used to enforce international law, to deter aggression and terrorism, to defend democracy and human rights, and to prevent nuclear proliferation. This study addresses questions about the utility, appropriateness and success or failure of sanctions, as well as their impact on the poor and innocent. Specific case studies, focusing on recent conflicts such as those in Haiti, Iraq, South Africa and the former Yugoslavia, demonstrate the principal aspects of economic sanctions.
This text is suitable for international trade courses at the undergraduate level. Knowledge of microeconomics is an assumed prerequisite for students using this text.
Despite their increasing importance, there is little theoretical understanding of why nation-states initiate economic sanctions, or what determines their success. This book argues that both imposers and targets of economic coercion incorporate expectations of future conflict as well as the short-run opportunity costs of coercion into their behaviour. Drezner argues that conflict expectations have a paradoxical effect. Adversaries will impose sanctions frequently, but rarely secure concessions. Allies will be reluctant to use coercion, but once sanctions are used, they can result in significant concessions. Ironically, the most favourable distribution of payoffs is likely to result when the imposer cares the least about its reputation or the distribution of gains. The book's argument is pursued using game theory and statistical analysis, and detailed case studies of Russia's relations with newly-independent states, and US efforts to halt nuclear proliferation on the Korean peninsula.--Publisher description.
Essay on unilateral and multilateral-agreed economic sanctions (embargoes, boycotts) and their role in international relations - reviews definitions and relevant political theories; considers historical antecedents, such as the League of Nations sanctions against Italy; reviews the success and failure of sanctions in the post-War period against Argentina, Egypt, Iran, Islamic Republic, Israel, Rhodesia (Zimbabwe), the USA and the USSR, in the area of trade, technology and financing; comments on international law, company law and judicial decisions. Diagrams.
From the John Holmes Library collection.