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The Origins and Demise of South African Apartheid
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.
International Economic Sanctions
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?
International Trade
This text is suitable for international trade courses at the undergraduate level. Knowledge of microeconomics is an assumed prerequisite for students using this text.
Economic Sanctions, Ideals and Experience
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.
Economic Sanctions
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.
The Sanctions Paradox
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.
The Economics of Trade Protection
Over the past two decades there has been a gradual but fundamental change in the nature of trade protection. Even as international negotiation has succeeded in reducing tariffs to low levels, national governments have resorted to a range of increasingly intricate policies to protect their domestic industries from foreign competition. Direct quantitative restrictions on international trade have become particularly widespread. Such nontariff barriers often have very different effects from tariffs and require careful analysis in their own right. This book presents a systematic overview of the modern theory of trade protection. The material in the book divides naturally into four sections. The first section covers trade restrictions in competitive markets, the second trade restrictions and imperfect competition, the third the political economy of trade protection, and the fourth the theory of policy reform. The presentation makes extensive use of diagrams, with the more difficult mathematics included in six appendixes.
Kaempfer's Japan
Engelbert Kaempfer's History of Japan was a best-seller from the moment it was published in London in 1727. Born in Westphalia in 1651, Kaempfer traveled throughout the Near and Far East before settling in Japan as physician to the trading settlement of the Dutch East India Company at Nagasaki. During his two years residence, he made two extensive trips around Japan in 1691 and 1692, collecting, according to the British historian Boxer, "an astonishing amount of valuable and accurate information." He also learned all he could from the few Japanese who came to Deshima for instruction in the European sciences. To these observations, Kaempfer added details he had gathered from a wide reading of...
The Political Economy of Trade Policy
This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and ...
Economic Diplomacy and the Geography of International Trade
The book presents an overview of the general aspects of trade uncertainty, a central element in the analysis of economic diplomacy, illustrating that some instruments, such as sanctions (both positive and negative), increase trade uncertainty, whilst others - multilateral trade policy, for instance - aim to reduce this uncertainty. Commercial policy and bilateral economic diplomacy are explored, and economic sanctions analysed. An extensive review of the literature and empirical investigations of 161 sanctions and the commercial relationships of 37 countries provide topical and empirical perspectives on how international diplomacy may both be a cost and a benefit of the key drivers of productivity growth. Finally, policy conclusions are drawn, and a future research agenda presented.
