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Sanctions Beyond Borders : Multinational Corporations and U.S. Economic Statecraft - Kenneth A. Rodman

Sanctions Beyond Borders

Multinational Corporations and U.S. Economic Statecraft

Paperback Published: 28th October 2001
ISBN: 9780847693085
Number Of Pages: 272

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Sanctions Beyond Borders tests the assumption that economic globalization and the decline of U.S. hegemony give overseas corporate behavior a free reign in defying U.S. imposed sanctions abroad. It examines the use of sanctions from the early Cold War era through the sanctions decade of the 1990s, including the Helms-Burton Law and the Iran-Libya Sanctions Act. On the one hand, the book shows that multinationals are often susceptible to U.S. influence because they fear political fallout. At the same time, the book demonstrates that even though the use of sanctions has been widely promoted by interest groups, Congress, and the general public, the effect of sanctions has fallen short on many counts. Especially when it comes to preventing economically significant transactions with proscribed nations by key multinational corporations, sanctions are shown to be weak and costly measures that damage diplomatic relations.

This original and provocative book challenges conventional wisdom. Rodman demonstrates that forces besides hegemonic power explain the success or failure of extraterritorial U.S. sanctions: domestic politics, public opinion, corporate interests, and back channel influence are all at work.--Gary Hufbauer, Institute for International Economics

Acknowledgmentsp. vii
Introductionp. 1
Extraterritorial Sanctions from the Early Cold War Era through the Pipeline Sanctionsp. 21
Extraterritorial Sanctions: Policy Rationales and Legal Controversiesp. 23
Sanctions at Bay? The Rise and Partial Decline of Extraterritorial Sanctionsp. 37
Sanctions Defiant: The Reagan Administration, Extraterritorial Sanctions, and the Lessons of the Pipeline Casep. 71
Contemporary Case Studiesp. 103
The Decline and Partial Return of Foreign Subsidiary Sanctionsp. 105
Direct Investors: Instruments of Coercion or Hostages of the Target State?p. 135
Targeting Foreign Corporations: Helms-Burton and the Iran-Libya Sanctions Actp. 171
"Think Globally, Sanction Locally": Disinvestment Campaigns against Multinationals in South Africa, Burma, and Nigeriap. 199
Conclusionp. 231
Abbreviations for Primary Government Documents Used in Notesp. 247
Bibliographyp. 249
Indexp. 253
About the Authorp. 263
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780847693085
ISBN-10: 0847693082
Audience: General
Format: Paperback
Language: English
Number Of Pages: 272
Published: 28th October 2001
Country of Publication: US
Dimensions (cm): 22.81 x 14.81  x 1.47
Weight (kg): 0.36