Success and Failure of Economic Sanctions
The author's experience with economic sanctions as a tool of international politics is ambivalent. Since opinions pro and contra the effectiveness of sanctions are based on biased selections of case studies, the debate lacks both clarity about how sanctions work and a solid empirical foundation. To alleviate these deficiencies, this paper presents a review of literature and some empirical findings. A reduced-form equation fitted to the data of a recent study by G. C. Hufbauer and J. J. Schott (1985) correctly predicts failure and success in 83 percent out of eighty sanctions in the years 1946-83. Copyright 1989 by WWZ and Helbing & Lichtenhahn Verlag AG
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Volume (Year): 42 (1989)
Issue (Month): 3 ()
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