Synopses & Reviews
The conventional wisdom is that economic sanctions do not work in international affairs. If so, why do countries wield them so often? Daniel Drezner argues that, paradoxically, countries will be most eager to use sanctions under conditions where they will produce the feeblest results. States anticipate frequent conflicts with adversaries, and are therefore more willing to use sanctions. However, precisely because they anticipate more conflicts, sanctioned states will not concede, despite the cost. Economic sanctions are thus far less likely to be effective between adversaries than between allies.
Synopsis
Argues that, paradoxically, countries are likely to use sanctions under conditions where they will produce the feeblest results.
Table of Contents
1. Introduction; Part I. Theory and Data: 2. A model of economic coercion; 3. Plausibility probes; 4. Statistical tests; Part II. Economic Coercion in the Former Soviet Union: 5. Russian power and preferences; 6. The extent of NIS concessions; 7. Evaluating the evidence; Part III. Choosing Between Carrots and Sticks: 8. Economic statecraft and nuclear proliferation on the Korean Peninsula; 9. Conclusions, implications, speculations.