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The Sanctions Paradox
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 ...more
Paperback, 364 pages
Published April 18th 2009 by Cambridge University Press
(first published August 26th 1999)
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Daniel Drezner attempts to shed light on this problem by building a game theoretic model that includes both carrots and sticks as potential options of economic coercion. His goal is to provide this missing overarching framework to the debate – namely when one should apply carrots, sticks, or both to allies and adversaries. His Conflict Expectations Model has two primary assumptions – states are rational actors and states that anticipate future conflicts will be more concerned with reputational a ...more