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© 2015

Economic Sanctions vs. Soft Power

Lessons from North Korea, Myanmar, and the Middle East

  • Authors
Book

Table of contents

  1. Front Matter
    Pages i-ix
  2. Nikolay Anguelov
    Pages 1-2
  3. Nikolay Anguelov
    Pages 3-20
  4. Nikolay Anguelov, Kristin Bryant
    Pages 21-32
  5. Nikolay Anguelov, Kristin Bryant
    Pages 33-57
  6. Bradley J. Hornback, Nikolay Anguelov
    Pages 59-70
  7. Tiffany Kaschel, Nikolay Anguelov
    Pages 71-110
  8. Back Matter
    Pages 151-192

About this book

Introduction

The book examines the industrial growth of sanctioned nations in terms of their ability to foster trade partnerships with countries that choose to evade or not comply with sanctions. When those "black knight" nations find strong local market competitive advantages in the absence of firms from sender nations, incentives develop to support local political status quos. For those reasons, the political resilience of rogue and repressive regimes is analyzed in terms of their economic incentives to remain repressive. The resilience is based on the fact that the local politicians are also the local businessmen. Through the growth of international production networks, their business opportunities augment and the rents associated with that growth also increase. As business opportunities grow in the absence of competition, so does the amount of rent extraction and protection. Rent protecting leads to strengthening economic and political leadership, because the wealth is used for creating further rents by providing economic benefits to the regime supporters. Economic Sanctions vs. Soft Power shows how the system of self-enforcing economic rents builds political rents and lowers opportunities for the development of viable political oppositions.

Keywords

Economic Sanctions Soft Power Political Rents FDI North Korea Policy

About the authors

Bradley J. Hornback Tiffany Kaschel

Bibliographic information