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A theory of international conflict management and sanctioning

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  • Nuno Garoupa
  • Joao E. Gata

Abstract

In this paper we analyze sanctioning policies in international law. We develop a model of international military conflict where the conflicting countries can be a target of international sanctions. These sanctions constitute an equilibrium outcome of an international political market for sanctions, where different countries trade political influence. We show that the level of sanctions in equilibrium is strictly positive but limited, in the sense that higher sanctions would exacerbate the military conflict, not reduce it. We then propose an alternative interpretation to the perceived lack of effectiveness of international sanctions, by showing that the problem might not be one of undersanctioning but of oversanctioning.

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Bibliographic Info

Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 481.

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Date of creation: Jun 2000
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Handle: RePEc:upf:upfgen:481

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Web page: http://www.econ.upf.edu/

Related research

Keywords: Conflict management; international sanctions; arms embargo; international political market; pressure groups;

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Cited by:
  1. Caruso, Raul, 2007. "Conflict and Conflict Managment with Asymmetric Stakes (The Bad-Cop and the Good Cop part II)," MPRA Paper 1438, University Library of Munich, Germany.

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