POLI 360 Lecture Notes - Lecture 3: Economic Sanctions, Mercantilism, Security Studies

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Stable security: often places where ppl put their money. Better to be secure: borders, state protect citizenry. Help countries have open trade with each other. Ukr want to get into nato and eu but rus op- pose. If econ relationship, follows security and rus lose sphere of influence. Developmental states: emphasis on economic growth and development. Kor get out of aid business, open up trade. Ability of states to take care of econ needs of people is increasingly more important. Sanctions: efforts by econ. self-sufficient states to influence vulner- able states" policies. N korea, iran, target group larges (poorer countries), s. Many set by us b/c they have lot of adv. Had too, but not much interaction with w. world. To deter: weaken economic capacity of target. Can cripple target states but often not that effective* Sanctions for sec. reasons have not been effective on aggregate basis.

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