Western Trade Pressure on the Soviet Union: An Interdependence Perspective on Sanctions

by David W. Hunter

Overview

Analyzes growing US-Soviet economic interdependence and the implications of economic pressure in their relationship. From a review of US-Soviet economic relations, the author concludes that US embargo strategies against the USSR in the past have been futile, at times even counterproductive.

Product Details

ISBN-13:	9781349120048
Publisher:	Palgrave Macmillan UK
Publication date:	01/01/1991
Edition description:	1st ed. 1991
Pages:	163
Product dimensions:	5.51(w) x 8.50(h) x (d)

Table of Contents

Part 1 Economic sanctions - pre-World War II through Cold War: The League of Nations; World War 2; export controls and the co-ordinating committee; the Korean War; dropping the CHINCOM differential. Part 2 East-West economic relations (1960-1985): the pipeline embargo; the Soviet grain sale; the Cuban embargo; President Nixon's decontrol of trade with The People's Republic of China; the 1970s era of detente; Afghanistan; martial law in Poland; the Versailles summit. Part 3 A conceptual framework of sanctions: anatomy of power; sanctions; symbolic vs instrumental sanctions; measures of effectiveness; instrumental sanctions; symbolic sanctions. Part 4 Economic dimensions of sanctions: patterns of trade flow; types of economic sanctions - export trade sanctions, boycotts, import trade sanctions, embargoes, financial sanctions; economic impact on the target state - short and long-term elasticity of demand, "Absolute Need" for the product, the structure of the target's economy. Part 5 Political significance of economic sanctions: alliance management - the Urengoi pipeline; sanctions as a form of deterrence - the imposition of martial law in Poland; domestic political objectives - the Jackson-Vanik amendment; political effects of economic sanctions. Part 6 Sanctions and East-West confrontation: the USSR - "Target State" - authoritarianism, nationalism (and Pan-Slavicism), economic profile, Eastern European ties; the western alliance - "Sanctioner States" - perspectives on detente, foreign policy independence within the alliance, shared "Burden" of economic sanctions, decision-making vacuum in East-West framework. Part 7 politico-economic prescription for East-West relations in an interdependent world: diagnosis of interdependence; how much interdependence is strategically wise?, how do we structure trade relations with the USSR for economic security; prognosis for the role of commercial policy in managing East-West relations; what decision-making structure is required?.

Editorial Reviews

Argues that previous economic sanctions by the US against the USSR have been futile at best, and often counterproductive, but that as relations between the countries veer toward economic interdependence, and away from military competition, such sanctions might work better. Circumstances have changed, of course, but the analysis can still serve. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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