Political economy of sanctions against apartheid
- London Lynne Rienner 1989
- 115 p. : ill
This book addresses the immediate question of the impact of economic sanctions on South Africa; I hope it also breaks new ground in analyzing economic sanctions in general. A novel rationale for sanctions is presented: the concept of the induced effects of sanctions should be helpful in understanding what sanctions can or can not be expected to accomplish. The economic aspects of the link between economic sanctions and political change are addressed via the use of some economic models, notably the one based on the Social Accounting Matrix. Economy-wide modeling is a new and promising area, and models based on a SAM can be particularly valuable for the amount of detail available. I hope that my research in this area will generate further studies of the impact of sanctions in an economy-wide setting.