 Economic Linkage: What to Link?Peter Ham
Chapter 12 in Western Doctrines on East-West Trade, 1992, pp 171-185 from Palgrave Macmillan Abstract: Abstract We have already elaborated on the point that economic relations between countries can make one state dependent upon its trading partner, thus endangering national independence and national security. In such circumstances of asymmetrical interdependence, economic relations can become a political instrument, a lever of power. This economic lever can be used to obtain particular economic and political goals. In the political literature on East-West economic relations, these aspects of power are usually captured under the label economic leverage, and, if consistently applied, economic linkage.1 The main objective of these strategies has been to influence other actors by the manipulation of economic instruments. This can be done by positive inducements (keeping in mind that these benefits may eventually be abruptly removed); or by several forms of trade denial, that is to say, economic sanctions. Both aspects seem to be different, but they are actually rooted in the very same conceptual framework (see our discussion on economic power, in Chapter 7). Keywords: Foreign Policy; Economic Sanction; Economic Linkage; Soviet Economy; Soviet Leadership (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12610-1_13 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-12610-1_13 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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