Synopses & Reviews
The fall of the Berlin Wall has allowed the United Nations to intervene more aggressively in international affairs, including the imposition of mandatory economic sanctions nine times compared to just twice prior to 1990. The second edition of the Institute's influential study on economic sanctions in 1990 thoroughly updated the first one to address these new developments arising from the end of the Cold War and the increasing globalization of the world economy.
Now, a new third edition of the study 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 the third edition. Examples of the case studies may be found on the Institute's website (www.iie.com). 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.
The study will be published in two parts: Economic Sanctions Reconsidered: History and Current Policy summarizing the analysis and outlining the policy recommendations; and Economic Sanctions Reconsidered: Case Histories, a supplemental CD-ROM containing the case studies. The CD-ROM is not sold separately.
Synopsis
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 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, which is now conveniently available in a paperback format, is the third and expanded edition of this widely cited study. The authors' unique database on sanctions now covers almost 200 case studies. The analysis is substantially revised to take account of the new challenges facing policymakers since the end of the Cold War and the acceleration of globalization of trade and financial markets.