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Economic Statecraft: from Negative Sanctions to Positive Sanctions

Author

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  • Raul Caruso

    (Department of Economic Policy and CSEA, Catholic University of Sacred Heart CESPIC, Catholic University Our Lady of Good Counsel)

Abstract

This paper presents some insights on economic statecraft with a special focus on economic sanctions. Taking some evidence on negative economic sanctions as point of departure the paper is an attempt to throw light on aspects and factors which could be considered relevant while designing ‘positive’ economic sanctions. Two aspects have been highlighted as being crucial. First, a proper consideration of interest and social groups has been proven to explain the failure of comprehensive negative sanctions, the success of smart sanctions and – more interestingly – the potential success of positive sanctions. Secondly, the existence (or the lack) of some institutional arrangement between sender states also explains the failure of negative sanctions as well as the potential success of positive sanctions.

Suggested Citation

  • Raul Caruso, 2021. "Economic Statecraft: from Negative Sanctions to Positive Sanctions," Working Papers 1010, European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel'.
    • Handle: RePEc:pea:wpaper:1010
    as

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    File URL: https://repec.unizkm.edu.al/pea/wpaper/WP_CARUSO.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    economic sanctions; positive sanctions; negative sanctions; effectiveness; trade; interest groups;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative

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