Divert when it does not hurt: The initiation of economic sanctions by US presidents from 1989 to 2015
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In: Review of International Economics, Vol. 32, No. 1, 02.2024, p. 109-131.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Divert when it does not hurt
T2 - The initiation of economic sanctions by US presidents from 1989 to 2015
AU - Attia, Hana
N1 - Publisher Copyright: © 2023 The Author. Review of International Economics published by John Wiley & Sons Ltd.
PY - 2024/2
Y1 - 2024/2
N2 - A dominant argument in the literature is that leaders tend to initiate military disputes in periods plagued by economic distress. This article revisits the diversionary theory and adapts it to the use of economic sanctions in the United States, contending that their use follows a similar diversionary logic. Using a novel dataset on US sanctions from 1989 to 2015, I find that presidents are more likely to use sanctions when unemployment is high and the president's party power in Congress is weak. I show that when doing so presidents opt for sanctions that inflict little harm on the US economy.
AB - A dominant argument in the literature is that leaders tend to initiate military disputes in periods plagued by economic distress. This article revisits the diversionary theory and adapts it to the use of economic sanctions in the United States, contending that their use follows a similar diversionary logic. Using a novel dataset on US sanctions from 1989 to 2015, I find that presidents are more likely to use sanctions when unemployment is high and the president's party power in Congress is weak. I show that when doing so presidents opt for sanctions that inflict little harm on the US economy.
KW - diversion
KW - economic coercion
KW - sanctions
KW - US politics
KW - Politics
UR - http://www.scopus.com/inward/record.url?scp=85168382309&partnerID=8YFLogxK
U2 - 10.1111/roie.12704
DO - 10.1111/roie.12704
M3 - Journal articles
AN - SCOPUS:85168382309
VL - 32
SP - 109
EP - 131
JO - Review of International Economics
JF - Review of International Economics
SN - 0965-7576
IS - 1
ER -