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Research Handbook on Economic Sanctions
Peter van Bergeijk brings together 40 leading experts from all continents to analyze state-of-the-art data covering the sharp increase in (smart) sanctions in the last decade. Original chapters provide detailed analyses on the determinants of sanction success and failure, complemented with research on the impact of sanctions.
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Critical Acclaim
Contributors
Contents
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Peter van Bergeijk brings together 40 leading experts from all continents to analyze state-of-the-art data covering the sharp increase in (smart) sanctions in the last decade. Original chapters provide detailed analyses on the determinants of sanction success and failure, complemented with innovative research on the impact of sanctions.
This timely Research Handbook provides both a thorough discussion of methodology as well as evidence-based policy advice on the efficient application of boycotts, embargoes, and targeted sanctions, including trade, travel and financial sanctions. The use of case studies from Cuba, Iran, North Korea and Russia illustrate developments and demonstrate new methods, including stochastic frontier analysis, comparative quantitative analysis and meta-analysis.
Providing crucial information, this Research Handbook will be an excellent resource for academic researchers in international political economy and international relations as well as policy makers within national and global institutions. It will also provide obligatory reading for students also studying within these fields.
This timely Research Handbook provides both a thorough discussion of methodology as well as evidence-based policy advice on the efficient application of boycotts, embargoes, and targeted sanctions, including trade, travel and financial sanctions. The use of case studies from Cuba, Iran, North Korea and Russia illustrate developments and demonstrate new methods, including stochastic frontier analysis, comparative quantitative analysis and meta-analysis.
Providing crucial information, this Research Handbook will be an excellent resource for academic researchers in international political economy and international relations as well as policy makers within national and global institutions. It will also provide obligatory reading for students also studying within these fields.
Critical Acclaim
‘The Handbook is an exemplary interdisciplinary work in an area that remains at the heart of economic relations among states where the mechanical tool of statecraft constitutes a form of politics among nations. The authors and editor dissects the major policy approaches and empirical data available on economic sanctions to show how new knowledge and sanctions can be better appreciated. The Handbook on Economic Sanctions thus provides a vivid insight into an area in international policy that will support further research from a variety of fields.’
– P. Sean Morris, Global Trade & Customs Journal
‘Sanctions have become an ubiquitous and increasingly powerful tool of statecraft. With contributions from elite international sanctions experts, this Research Handbook examines data and analytical methods for gauging the haphazard impact of sanctions on trade, investment, and finance; reducing humanitarian costs and collateral damage to third countries; and assessing whether and how foreign economic coercion can promote policy change in the targeted regime. This compendium is an invaluable resource for ongoing sanctions research and a go-to guide for officials constructing and applying new sanctions policies.’
– Jeffrey J. Schott, Peterson Institute for International Economics, US
‘This Research Handbook is a thorough and well-organized volume on economic sanctions. It is a timely publication in view of significant changes in US policy and the increasing use of smart sanctions. Bringing together leading authors on sanctions from international economics, international relations and international law, the book provides an in-depth and well-balanced analysis of the strengths and weaknesses of economic sanctions and the role they may usefully play in the future.’
– Peter Van den Bossche, World Trade Institute, Switzerland
– P. Sean Morris, Global Trade & Customs Journal
‘Sanctions have become an ubiquitous and increasingly powerful tool of statecraft. With contributions from elite international sanctions experts, this Research Handbook examines data and analytical methods for gauging the haphazard impact of sanctions on trade, investment, and finance; reducing humanitarian costs and collateral damage to third countries; and assessing whether and how foreign economic coercion can promote policy change in the targeted regime. This compendium is an invaluable resource for ongoing sanctions research and a go-to guide for officials constructing and applying new sanctions policies.’
– Jeffrey J. Schott, Peterson Institute for International Economics, US
‘This Research Handbook is a thorough and well-organized volume on economic sanctions. It is a timely publication in view of significant changes in US policy and the increasing use of smart sanctions. Bringing together leading authors on sanctions from international economics, international relations and international law, the book provides an in-depth and well-balanced analysis of the strengths and weaknesses of economic sanctions and the role they may usefully play in the future.’
– Peter Van den Bossche, World Trade Institute, Switzerland
Contributors
Contributors: Sylvanus Kwaku Afesorgbor, Navin A. Bapat, Matěj Bělín, Gabriela Benalcazar Jativa, Thomas J. Biersteker, Mian Dai, Binyam Afewerk Demena, Sajjad Faraji Dizaji, Bryan R. Early, Gabriel J. Felbermayr, Julia Grauvogel, Dennis Halcoussis, C. Michael Hall, Baran Han, Jan Hanousek, Zuzana Hudáková, Gary Clyde Hufbauer, Euijin Jung, William H. Kaempfer, Marc Kilgour, Patrick Kimararungu, Rami Kinsara, Aleksandra Kirilakha, Yoshiharu Kobayashi, Tristan Kohl, Gina Macatangay Ledda, Anton D. Lowenberg, Irina Mirkina, T. Clifton Morgan, Michal Onderco, Dursun Peksen, Clara Portela, Alemayehu Sisay Reta, Bader Sabtan, Siamak Seyfi, Maarten Smeets, Constantinos Syropoulos, Peter A.G. van Bergeijk, Reinout van der Veer, Erdal Yalcin, Yoto V. Yotov
Contents
Contents:
1 Introduction to the Research Handbook on Economic Sanctions 1
Peter A.G. van Bergeijk
PART I THE VALUE OF LARGE-N DATA SOURCES
2 Economic sanctions in the twenty-first century 26
Gary Clyde Hufbauer and Euijin Jung
3 The Threat and Imposition of Economic Sanctions data project:
a retrospective 44
T. Clifton Morgan, Navin A. Bapat, and Yoshiharu Kobayashi
4 The Global Sanctions Data Base (GSDB): an update that includes the years of the
Trump presidency 62
Aleksandra Kirilakha, Gabriel J. Felbermayr, Constantinos Syropoulos,
Erdal Yalcin, and Yoto V. Yotov
5 UN targeted sanctions: historical development and current challenges 107
Thomas J. Biersteker and Zuzana Hudáková
6 Publication bias of economic sanctions research: a meta-analysis of the
impact of trade linkage, duration and prior relations on sanctions success 125
Binyam A. Demena, Alemayehu S. Reta, Gabriela Benalcazar Jativa,
Patrick B. Kimararungu, and Peter A.G. van Bergeijk
PART II SANCTION MECHANISMS
7 The public choice approach to international sanctions: retrospect and prospect 152
Dennis Halcoussis, William H. Kaempfer, and Anton D. Lowenberg
8 Making sanctions work: promoting compliance, punishing violations,
and discouraging sanctions busting 167
Bryan R. Early
9 Economic sanctions and political stability and violence in target countries 187
Dursun Peksen
10 The internal opposition effect of international sanctions: insights from
a qualitative comparative analysis 202
Julia Grauvogel
11 Secondary sanctions mechanism revisited: the case of US sanctions
against North Korea 223
Baran Han
12 Researching firms and sanctions: theoretical and methodological considerations 238
Michal Onderco and Reinout A. van der Veer
PART III APPEARANCES OF SANCTIONS
13 Imposing sanctions versus posing in sanctioners’ clothes: the EU
sanctions against Russia and the Russian counter-sanctions 249
Matěj Bělín and Jan Hanousek
14 Trade preference suspensions as economic sanctions 264
Clara Portela
15 Economic sanctions and the WTO 280
Maarten Smeets
16 Negative and positive sanctions 297
Raul Caruso
17 Economic sanctions within the Graph Model for Conflict Resolution 309
Bader A. Sabtan, D. Marc Kilgour, and Rami Kinsara
PART IV INTENDED AND UNINTENDED IMPACTS
18 The impact of sanctions on the banking system: new evidence from Iran 330
Sajjad Faraji Dizaji
19 Tourism and sanctions 351
C. Michael Hall and Siamak Seyfi
20 FDI and sanctions 369
Irina Mirkina
21 In and out of the penalty box: U.S. sanctions and their effects
on international trade 388
Tristan Kohl
22 Timing the Impact of sanctions on trade 411
Mian Dai, Gabriel Felbermayr, Aleksandra Kirilakha Constantinos
Syropoulos, Erdal Yalcin, and Yoto V. Yotov
23 Sanctioned to starve? The impact of economic sanctions on food
security in targeted states 438
Sylvanus Kwaku Afesorgbor
Index 467
1 Introduction to the Research Handbook on Economic Sanctions 1
Peter A.G. van Bergeijk
PART I THE VALUE OF LARGE-N DATA SOURCES
2 Economic sanctions in the twenty-first century 26
Gary Clyde Hufbauer and Euijin Jung
3 The Threat and Imposition of Economic Sanctions data project:
a retrospective 44
T. Clifton Morgan, Navin A. Bapat, and Yoshiharu Kobayashi
4 The Global Sanctions Data Base (GSDB): an update that includes the years of the
Trump presidency 62
Aleksandra Kirilakha, Gabriel J. Felbermayr, Constantinos Syropoulos,
Erdal Yalcin, and Yoto V. Yotov
5 UN targeted sanctions: historical development and current challenges 107
Thomas J. Biersteker and Zuzana Hudáková
6 Publication bias of economic sanctions research: a meta-analysis of the
impact of trade linkage, duration and prior relations on sanctions success 125
Binyam A. Demena, Alemayehu S. Reta, Gabriela Benalcazar Jativa,
Patrick B. Kimararungu, and Peter A.G. van Bergeijk
PART II SANCTION MECHANISMS
7 The public choice approach to international sanctions: retrospect and prospect 152
Dennis Halcoussis, William H. Kaempfer, and Anton D. Lowenberg
8 Making sanctions work: promoting compliance, punishing violations,
and discouraging sanctions busting 167
Bryan R. Early
9 Economic sanctions and political stability and violence in target countries 187
Dursun Peksen
10 The internal opposition effect of international sanctions: insights from
a qualitative comparative analysis 202
Julia Grauvogel
11 Secondary sanctions mechanism revisited: the case of US sanctions
against North Korea 223
Baran Han
12 Researching firms and sanctions: theoretical and methodological considerations 238
Michal Onderco and Reinout A. van der Veer
PART III APPEARANCES OF SANCTIONS
13 Imposing sanctions versus posing in sanctioners’ clothes: the EU
sanctions against Russia and the Russian counter-sanctions 249
Matěj Bělín and Jan Hanousek
14 Trade preference suspensions as economic sanctions 264
Clara Portela
15 Economic sanctions and the WTO 280
Maarten Smeets
16 Negative and positive sanctions 297
Raul Caruso
17 Economic sanctions within the Graph Model for Conflict Resolution 309
Bader A. Sabtan, D. Marc Kilgour, and Rami Kinsara
PART IV INTENDED AND UNINTENDED IMPACTS
18 The impact of sanctions on the banking system: new evidence from Iran 330
Sajjad Faraji Dizaji
19 Tourism and sanctions 351
C. Michael Hall and Siamak Seyfi
20 FDI and sanctions 369
Irina Mirkina
21 In and out of the penalty box: U.S. sanctions and their effects
on international trade 388
Tristan Kohl
22 Timing the Impact of sanctions on trade 411
Mian Dai, Gabriel Felbermayr, Aleksandra Kirilakha Constantinos
Syropoulos, Erdal Yalcin, and Yoto V. Yotov
23 Sanctioned to starve? The impact of economic sanctions on food
security in targeted states 438
Sylvanus Kwaku Afesorgbor
Index 467
