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Economic Sanctions vs. Soft Power = Lessons from North Korea, Myanmar, and the Middle East /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Economic Sanctions vs. Soft Power/ by N. Anguelov.
Reminder of title:	Lessons from North Korea, Myanmar, and the Middle East /
Author:	Anguelov, N.
Description:	IX, 192 p.online resource. :
Contained By:	Springer Nature eBook
Subject:	International relations. -
Online resource:	https://doi.org/10.1057/9781137523761
ISBN:	9781137523761

Economic Sanctions vs. Soft Power = Lessons from North Korea, Myanmar, and the Middle East /
Anguelov, N.

Economic Sanctions vs. Soft PowerLessons from North Korea, Myanmar, and the Middle East /[electronic resource] :by N. Anguelov. - 1st ed. 2015. - IX, 192 p.online resource.

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.

ISBN: 9781137523761

Standard No.: 10.1057/9781137523761doiSubjects--Topical Terms:

554886
International relations.

LC Class. No.: JZ2-6530

Dewey Class. No.: 327

Economic Sanctions vs. Soft Power = Lessons from North Korea, Myanmar, and the Middle East /
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