If you need an accessible version of this item please contact JSTOR User Support

The Hidden Hand of Economic Coercion

Daniel W. Drezner
International Organization
Vol. 57, No. 3 (Summer, 2003), pp. 643-659
Stable URL: http://www.jstor.org/stable/3594840
Page Count: 17
  • Download PDF
  • Cite this Item

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If you need an accessible version of this item please contact JSTOR User Support
The Hidden Hand of Economic Coercion
Preview not available

Abstract

Why do policymakers consistently employ economic sanctions even though scholars consider them an ineffective tool of statecraft? Game-theoretic models of economic coercion suggest the success rate may be understated because of selection effects. When the targeted country prefers conceding to incurring the cost of sanctions, it has an incentive to acquiesce before the imposition of sanctions. The bulk of successful coercion episodes should therefore end with sanctions threatened but not imposed. This contradicts the recent literature on sanctions, which assumes that sanctions rarely, if ever, work at generating significant concessions from the targeted country and are imposed for domestic or symbolic political reasons. If the game-theoretic argument is correct, the crucial cases to study are those in which coercion is threatened but not implemented. A statistical analysis of data on sanctions in pursuit of economic or regulatory goals strongly supports the game-theoretic argument. These results suggest that the significance of economic coercion has been undervalued in the study of statecraft and international relations more generally.

Page Thumbnails

  • Thumbnail: Page 
[643]
    [643]
  • Thumbnail: Page 
644
    644
  • Thumbnail: Page 
645
    645
  • Thumbnail: Page 
646
    646
  • Thumbnail: Page 
647
    647
  • Thumbnail: Page 
648
    648
  • Thumbnail: Page 
649
    649
  • Thumbnail: Page 
650
    650
  • Thumbnail: Page 
651
    651
  • Thumbnail: Page 
652
    652
  • Thumbnail: Page 
653
    653
  • Thumbnail: Page 
654
    654
  • Thumbnail: Page 
655
    655
  • Thumbnail: Page 
656
    656
  • Thumbnail: Page 
657
    657
  • Thumbnail: Page 
658
    658
  • Thumbnail: Page 
659
    659