GOVT 85.15 Economic Statecraft in International Relations
This course examines the use of economic instruments – trade, investment, and financial sanctions or inducements – by states to achieve foreign policy and national security objectives. We will develop theoretical perspectives and examine classic and contemporary cases to examine whether economic sanctions and inducements are effective; the relationship between economic statecraft, diplomacy, and the use of force; the impact of globalization on economic statecraft; and how domestic politics enable or constrain economic statecraft. Cases will include NATO sanctions against Russia, Chinese economic diplomacy in the South China Sea, multilateral restrictions on Iran and North Korea, and financial sanctions in the war on terrorism.
Instructor
Mastanduno