ECONOMIC SANCTIONS RECONSIDERE

Kimberly Ann Elliott, a senior fellow at the Peterson Institute, is the author of Delivering on Doha: Farm Trade and the Poor (2006), Can Labor Standards Improve Under Globalization? (2003), Corruption and the Global Economy (1997), Reciprocity and Retaliation in US Trade Policy (1994), and Measuring the Costs of Protection in the United States (1994). Gary Clyde Hufbauer, Reginald Jones Senior Fellow at the Peterson Institute, is the author of US-China Trade Disputes: Rising Tide, Rising Stakes (2006), The Shape of a Swiss-US Free Trade Agreement (2006), NAFTA Revisited: Achievements and Challenges (2005), Reforming the US Corporate Tax (2005), Awakening Monster: The Alien Tort Statute of 1789 (2003), The Benefits of Price Covergence (2002), World Capital Markets (2001), Fundamental Tax Reform and Border Tax Adjustments (1996), Western Hemisphere Economic Integration (1994), Measuring the Costs of Protection in the United States (1994), and US Taxation of International Income (1992). Jeffrey J. Schott, senior fellow at the Peterson Institute, is the author of Trade Relations Between Colombia and the United States (2006), NAFTA Revisited: Achievements and Challenges (2005), Free Trade Agreements: US Strategies and Priorities (2004), Prospects for Free Trade in the Americas (2001), Free Trade between Korea and the United States? (2001), NAFTA and the Environment: Seven Years Later (2000), The WTO After Seattle (2000), Restarting Fast Track (1998), The World Trading System: Challenges Ahead (December 1996), The Uruguay Round: An Assessment (1994), and Western Hemisphere Economic Integration (1994).

This revised edition of the classic book chronicles and examines 170 cases of economic sanctions imposed since World War I. Fifty of these cases were launches in the 1990s and are new to this edition. Special attention is paid to new developments arising from the end of the Cold War and the increasing globalization of the world economy.