'The Sanctions Paradox is one of the best books written in the field of international political economy during the 1990s. It offers a simple but clever theory that explains when states are likely to employ economic sanctions and when they are likely to work. Since sanctions seem destined to remain a favourite tool of statecraft in the 21st century, this book is likely to be paid serious attention for years to come.' John Mearsheimer, University of Chicago

• 1. Introduction; Part I. Theory and Data: 2. A model of economic coercion; 3. Plausibility probes; 4. Statistical tests; Part II. Economic Coercion in the Former Soviet Union: 5. Russian power and preferences; 6. The extent of NIS concessions; 7. Evaluating the evidence; Part III. Choosing Between Carrots and Sticks: 8. Economic statecraft and nuclear proliferation on the Korean Peninsula; 9. Conclusions, implications, speculations.

'The Sanctions Paradox is one of the best books written in the field of international political economy during the 1990s. It offers a simple but clever theory that explains when states are likely to employ economic sanctions and when they are likely to work. Since sanctions seem destined to remain a favourite tool of statecraft in the 21st century, this book is likely to be paid serious attention for years to come.' John Mearsheimer, University of Chicago

• 1. Introduction; Part I. Theory and Data: 2. A model of economic coercion; 3. Plausibility probes; 4. Statistical tests; Part II. Economic Coercion in the Former Soviet Union: 5. Russian power and preferences; 6. The extent of NIS concessions; 7. Evaluating the evidence; Part III. Choosing Between Carrots and Sticks: 8. Economic statecraft and nuclear proliferation on the Korean Peninsula; 9. Conclusions, implications, speculations.