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  1. Coercion and conflict are always political, but a number of key concepts from economics can help us understand them. These include rational choice, strategic interaction, increasing and diminishing returns, scale and state capacity, surplus extraction, and Type I errors.

  2. Aug 6, 2024 · Coercion, threat or use of punitive measures against states, groups, or individuals in order to force them to undertake or desist from specified actions. In addition to the threat of or limited use of force (or both), coercion may entail economic sanctions, psychological pressures, and social.

  3. May 12, 2021 · Economic coercion is a threatened or actual imposition of economic costs on one state by another with the objective of extracting a policy concession. Such a concession can require the coerced party to implement a policy that the coercer favors, or abandon a policy that the coercer opposes.

  4. Jun 23, 2022 · In his study, Pape used a narrow definition of “economic sanctions” – namely, coercive economic measures imposed by one state on another to change its political behaviour – and distinguished between economic sanctions, trade wars and economic warfare.

  5. As a starting point, the term can be defined broadly to include the use, or threat to use, ‘measures of an economic—as contrasted with diplomatic or military—character taken to induce [a target State] to change some policy or practices or even its governmental structure’ (Lowenfeld 698).

  6. Using a definition popularized by Hufbauer, et al. (Economic Sanctions Reconsidered, 2017, p. 3), political scientists consider economic sanctions to be the “deliberate, government-inspired withdrawal, or threat of withdrawal, of customary trade or financial relations.”.

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  8. Dec 25, 2022 · In this paper we analyse the concept of coerced exchange (and partly of voluntary exchange inasmuch as the absence of coercion is its necessary condition), which is of utmost importance to economic theory in general and to the Austrian School of Economics in particular.