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Reconsidering economic leverage and vulnerability: Trade ties, sanction threats, and the success of economic coercion

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  • Timothy M Peterson

Abstract

I contend that a state’s position in the global trade network affects the initiation and outcome of sanction threats. A state is vulnerable, and thus more likely to acquiesce, when its trade has low value to trade partners that are well connected to the global trade network. Conversely, a state has leverage that could motivate the use of sanction threats when its trade has high value to trade partners that are otherwise not well connected. Capturing leverage/vulnerability with an interaction between two network centrality measures, results indicate that vulnerability is associated with acquiescence to sanctions, while leverage is associated with threat initiation.

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  • Timothy M Peterson, 2020. "Reconsidering economic leverage and vulnerability: Trade ties, sanction threats, and the success of economic coercion," Conflict Management and Peace Science, Peace Science Society (International), vol. 37(4), pages 409-429, July.
    • Handle: RePEc:sae:compsc:v:37:y:2020:i:4:p:409-429
    DOI: 10.1177/0738894218797024
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    References listed on IDEAS

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    1. Yue Pu & Yunting Li & Jinjin Zhang, 2023. "Features and evolution of the ‘Belt and Road’ regional value chain: Complex network analysis," The World Economy, Wiley Blackwell, vol. 46(7), pages 2134-2156, July.

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