IR 212 Lecture Notes - Lecture 10: Triage, Yalta Conference, Economic Warfare
17 Nov 2016
School
Department
Course
Professor
Document Summary
The use of economic means to pursue foreign policy goals. Ex: foreign aid and loans, trade policy, currency policy. Positive sanctions can enable states to do what they would like to do, but wont cause them to do what they wouldn"t like to do. Negative sanctions can raise the costs of states doing what they would like to do, but might also backfire and cause them to escalate the conflict (eg to military level) 1990s, cuba went through a collapse of their entire econ. Castro regime was not toppled by the people of cuba. Speeches by castro blamed the us for the econ problems of cuba, take some of the pressure off of themselves. When you are targeting dem regimes w econ incentives, it works better and in the way you want than when you target autocratic regimes. Ordinary ppl have more power in dem regimes, worried about their own pocketbooks.
