Economic Sanctions : International Policy and Political Economy at Work

This book looks at economic sanctions, using a political economy foundation. The author investigates the effectiveness of sanctions and the human suffering caused by them from a political and economic vantage, addressing political decisions, case studies, and game theory explanations, as well as discussing the future of sanctions as statecraft. Front Matter....Pages i-xiv To Sanction or Not to Sanction?....Pages 1-8 Basic Sanction Analysis....Pages 9-33 Sanction Initiation and Continuance: Enter Game Theory....Pages 35-58 Public Choice Theory and Smart Sanctions....Pages 59-84 Open Economy Macroeconomics and Sanctions....Pages 85-104 Mathematical Derivations of NOEM Sanctions Model....Pages 105-123 Empirical Analyses of Sanction Effectiveness....Pages 125-158 Conclusions and Policy Recommendations....Pages 159-168 Back Matter....Pages 169-237