Whether economic sanctions work at all, and how
they work if they do, are questions that have long been debated
by scholars of international relations. Using a new analytic approach,
which distinguishes between positive and negative sanctions and
between specific and general sanctions, this book aims both to demonstrate
the importance of economic linkage and to explain the variety of
forms it can take.
Deutsche Mark Diplomacy draws support for
its theoretical arguments from a careful study of Germany's efforts
to gain political leverage over Russia via economic means from 1870
into the 1990s. Focusing on two major powers over a long period,
during which regimes changed and issues varied, Randall Newnham
finds strong evidence to show that positive forms of linkage such
as foreign aid and trade or credit incentives are more effective
than negative types such as embargoes. His book significantly expands
our understanding of the role played by economic sanctions in international
politics at the same time that it offers a more systematic way of
explaining German foreign policy.