Designing Economic Coercion

Designing Economic Coercion
Author: Monika A. Klimek
Publisher:
Total Pages: 80
Release: 2004
Genre: Economic sanctions
ISBN:

The vast literature on economic sanctions is dominated by studies that cast a shadow of doubt on their effectiveness to achieve foreign policy goals. Despite numerous studies on economic sanction effectiveness, little has been accomplished in building theoretical understanding as to why actors initiate and execute economic coercion. This thesis examines the use of economic sanctions by countries that are considered within the international community as middle powers . Ultimately, I test the theory of the middlepowerhood on countries that deployed sanctions from 1954-2000. Statistical results of a rare events logit support the conclusion that middle powers have distinctive characteristics for utilizing economic coercion. Also, by looking at the case study of Canada, I test Drezner's game theoretical model of conflict expectations. The results of a rare events logit model confirm the conflict expectations model, as the probability of sanction use is greater when escalation and magnitude of tensions increase. Finally, I build a model of sanction tactics that incorporates stages of deployment.

The Economics Of Coercion And Conflict

The Economics Of Coercion And Conflict
Author: Mark Harrison
Publisher: World Scientific
Total Pages: 441
Release: 2014-10-17
Genre: Business & Economics
ISBN: 9814583359

The papers brought together in this volume represent a decade of advances in the historical political economy of defence, dictatorship, and warfare. They address defining events and institutions of the world in the twentieth century: economic consequences of repression and violence, the outcomes of two world wars, and the rise and fall of communism. They cross traditional disciplinary boundaries, combining a broad sweep with close attention to measurement and narrative detail; offering insights into these issues from economics, history, political science, and statistics; and demonstrating in action the value of a multi-disciplinary approach.The author was one of the first economists to leverage the opening of former Soviet archives. He has led international projects that reinvented the quantitative economics of the two world wars and contributed significantly to historical Soviet studies. In 2012, he shared with Andrei Markevich the Russian National Prize for Applied Economics, which was awarded in recognition of their research.

Economic Statecraft

Economic Statecraft
Author: Cécile Fabre
Publisher:
Total Pages:
Release: 2018
Genre: POLITICAL SCIENCE
ISBN: 9780674988866

Leaders have used economic power as a tool of foreign policy since at least Pericles, whose trade sanctions against Megara helped to spark the Peloponnesian War. But as Cécile Fabre notes, philosophers have spent relatively little time thinking about the relevant ethics, especially compared with the time they have spent thinking about the ethics of war. Yet the moral questions raised by the use of economic statecraft are significant and complex. Fabre deploys a cosmopolitan theory of justice and the theory of justified harm to answer these questions, and concludes that political actors are morally entitled to resort to economic sanctions and conditional aid, but only as a means to protect human rights, and so long as the harms which they thereby inflict are not out of proportion to the goods they bring about. Moreover, they are morally entitled to resort to conditional lending and conditional debt forgiveness, not just with a view to protect human rights, but also, under certain conditions, to pursue other non-wrongful political goals.--

The Sanctions Paradox

The Sanctions Paradox
Author: Daniel W. Drezner
Publisher: Cambridge University Press
Total Pages: 372
Release: 1999-08-26
Genre: Business & Economics
ISBN: 9780521644150

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.