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portada Economic Sanctions vs. Soft Power: Lessons from North Korea, Myanmar, and the Middle East
Type
Physical Book
Author
Publisher
Language
English
Pages
192
Format
Hardcover
Dimensions
23.4x15.7x1.5 cm
Weight
0.43 kg.
ISBN13
9781137523754
Categories

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

N. Anguelov (Author) · Palgrave MacMillan · Hardcover

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

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Synopsis "Economic Sanctions vs. Soft Power: Lessons from North Korea, Myanmar, and the Middle East"

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.

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