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Economic Sanctions Reconsidered [Hardcover]

Gary Clyde Hufbauer (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

September 1, 2007
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Economic sanctions have become an increasingly central tool of United States foreign policy. Recently, doubts have been raised-both at home and abroad-as to whether sanctions are effective in meeting their avowed foreign policy objectives, or even their domestic policy goals. These concerns, influenced primarily by recent experience with the Soviet grain embargo and pipeline sanctions, have rekindled congressional debate on the use of economic sanctions and have spawned legislative proposals to constrict recourse to such measures in the future.

To address these proposals, this book examines almost a hundred cases where sanctions have been used since World War I, Among them are the League of Nations against Italy in 1935, the Western Alliance against Germany and Japan in the Second World War, the USSR against Yugoslavia in 1948-1955, the United Nations, against Rhodesia and South Africa, the United States against Britain and France over the Suez Canal crisis in 1956, the Arab nations of the Organization of Petroleum Exporting Countries against the United States in 1973, and the recent round of cases mounted by the United States against the Soviet Union.

The book analyzes why sanctions are deployed, what sanctions can achieve, and the costs to both target and sender countries. It then applies lessons from historical experience to the current policy debate, and recommends guidelines for the future use of economic sanctions in pursuit of foreign policy objectives.
--This text refers to an out of print or unavailable edition of this title.

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...worth reading for anyone who wants to understand the US Foreign policies when it comes to economics. --Midwest Book Review --This text refers to an alternate Hardcover edition.

About the Author

Gary Clyde Hufbauer, Reginald Jones Senior Fellow, was formerly a Marcus Wallenberg Professor of International Finance Diplomacy at Georgetown University (1985-92); Deputy Director of the International Law Institute at Georgetown University (1979-81); Deputy Assistant Secretary for International Trade and Investment Policy of the US Treasury (1977-79); and Director of the International Tax Staff at the Treasury (1974-76). He has written extensively on international trade, investment, and tax issues, including Unfinished Business: Telecommunications after the Uruguay Round (1997, coeditor), Flying High: Liberalizing Civil Aviation in the Asia Pacific (1996, coeditor), Fundamental Tax Reform and Border Tax Adjustments (1996), Western Hemisphere Economic Integration (1994), Measuring the Costs of Protection in the United States (1994), NAFTA: An Assessment (rev. 1993), US Taxation of International Income (1992), North American Free Trade (1992), Economic Sanctions Reconsidered (2d edition 1990), Trade Policy for Troubled Industries (1986), and Subsidies in International Trade (1984). Kimberly Ann Elliott, Research Fellow, is editor of Corruption and the Global Economy (1997), coauthor of Reciprocity and Retaliation in U.S. Trade Policy (1994), Measuring the Costs of Protection in the United States and Japan (1994), Economic Sanctions Reconsidered (2d edition 1990), Auction Quotas and United States Trade Policy (1987), and Trade Protection in the United States: 31 Case Studies (1986). Jeffrey J. Schott, Senior Fellow, was a Senior Associate at the Carnegie Endowment for International Peace (1982-83) and an International Economist at the US Treasury (1974-82). He is the editor of Launching New Global Trade Talks: An Action Agenda (1998), Restarting Fast Track (1998), The World Trading System: Challenges Ahead (1996), author of WTO 2000: Setting the Course for World Trade (1996), The Uruguay Round: An Assessment (1994), coauthor of Western Hemisphere Economic Integration (1994), NAFTA: An Assessment (rev. 1993), North American Free Trade: Issues and Recommendations (1992), Completing the Uruguay Round (1990), Economic Sanctions Reconsidered (2d edition 1990), Free Trade Areas and US Trade Policy (1989), The Canada-United States Free Trade Agreement: The Global Impact (1988), Auction Quotas and US Trade Policy (1987), and Trading for Growth: The Next Round of Trade Negotiations (1985). --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Hardcover: 350 pages
  • Publisher: Inst for Intl Economics; 3rd edition (September 1, 2007)
  • Language: English
  • ISBN-10: 0881322881
  • ISBN-13: 978-0881322880
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #9,065,994 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Worth reading for anyone who wants to understand the US Foreign Policies when it comes to economics, November 9, 2008
Military might is not the only way to fight a war, but there are downsides to alternative methods to armed conventional conflict as well. "Economic Sanctions Reconsidered" looks at the downside of using economic sanctions to persuade other nations to work with the United States. Filled with countless studies, freshly updated for the new edition, it looks at some sanctions failing to have the desired effect for the country, and how the end of the Cold War means the United States actually has less power than it used to. "Economic Sanctions Reconsidered" is worth reading for anyone who wants to understand the US Foreign Policies when it comes to economics.
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5.0 out of 5 stars Best Source for the actual data on economic sanctions, January 30, 2010
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If you want to know the actual data of what has happened with sanctions instead of someone elses opinion of what the data says this is the book you want.
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Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
military impairment, other major policy changes, offsetting assistance, high policy goals, sender country, involving regime change, modest policy changes, sanctions episode, modest policy goals, sender countries, regime change cases, companion policies, import sanctions, expropriation claims, asset freezes, target country, smart sanctions, comprehensive sanctions, success score, financial sanctions, impairment cases
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Nations, Cold War, World War, Soviet Union, North Korea, United Kingdom, European Union, South Africa, League of Nations, European Community, Sierra Leone, South Korea, Saddam Hussein, Cost Cost, France Tunisia, Manuel Noriega, Dominican Republic, Cooperating Duration Regime Political Political Policy, State Department, Gulf War, Middle East, South Vietnam, Khmer Rouge, President George
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