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International Economic Sanctions: A Public Choice Perspective (Political Economy of Global Interdependence) by William H. Kaempfer and Anton D. Lowenberg is a book available to read on EtoBox.

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xiv, 189 pages : 23 cm The United States has recently imposed or threatened economic sanctions of varying kinds against many nations, including South Africa, Poland, Nicaragua, Panama, Brazil, Japan, and China. In fact, the incidence of sanctioning behavior is generally on the increase in the international community. In this incisive study, William H. Kaempfer and Anton D. Lowenberg introduce, analyze, and clarify issues that are key to understanding sanctioning behavior. The authors review several models for evaluating the economic effectiveness of sanctions, but they argue that only a public choice analysis, with its emphasis upon politics, can answer three crucial questions about sanctions: (l) Why, in the light of their notoriously weak economic impacts, are they being used more and more frequently? (2) Why is it that they take the particular forms they do? and (3) Why are they often successful even when their economic impact is slight? Kaempfer and Lowenberg provide detailed answers to these questions, contending that it is political and economic interests within the sanctioning country that determine not only when sanctions will be adopted but also the particular form such sa

Author

William H. Kaempfer and Anton D. Lowenberg

Publisher

Westview Press

Published

1992

Language

EN

ISBN

9780813380452

Subjects

Economics, Business