Economic Sanctions vs. Soft Power Lessons from North Korea, Myanmar,

The book examines the industrial growth of sanctioned nations in terms of their ability to foster trade partnerships with countries that choose to evade or not comply with sanctions. When those "black knight" nations find strong local market competitive a

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10.1057/9781137523761 - Economic Sanctions vs. Soft Power, Nikolay Anguelov

Copyright material from www.palgraveconnect.com - licensed to The Chinese University of Hong Kong - PalgraveConnect - 2015-09-28

Economic Sanctions vs. Soft Power

10.1057/9781137523761 - Economic Sanctions vs. Soft Power, Nikolay Anguelov

Copyright material from www.palgraveconnect.com - licensed to The Chinese University of Hong Kong - PalgraveConnect - 2015-09-28

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Lessons From North Korea, Myanmar, and the Middle East

Nikolay Anguelov

10.1057/9781137523761 - Economic Sanctions vs. Soft Power, Nikolay Anguelov

Copyright material from www.palgraveconnect.com - licensed to The Chinese University of Hong Kong - PalgraveConnect - 2015-09-28

Economic Sanctions vs. Soft Power

economic sanctions vs. soft power

Copyright © Nikolay Anguelov, 2015. First published in 2015 by PALGRAVE MACMILLAN® in the United States—­a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–1–137–52375–4 Library of Congress Cataloging-in-Publication Data Anguelov, Nikolay.      Economic sanctions vs. soft power : lessons from North Korea, Myanmar, and the Middle East / by Nikolay Anguelov.     pages cm      Includes bibliographical references and index.      ISBN 978–1–137–52375–4 (hardback)      1. Economic sanctions—Burma. 2. Economic sanctions— Korea (North) 3. Economic sanctions—Middle East. 4. International trade. 5. Investments, Foreign. I. Title. HF1586.7.A54 2015 327.117—dc23

2015002003

A catalogue record of the book is available from the British Library. Design by Newgen Knowledge Works (P) Ltd., Chennai, India. First edition: July 2015 10  9  8  7  6  5  4  3  2  1

10.1057/9781137523761 - Economic Sanctions vs. Soft Power, Nikolay Anguelov

Copyright material from www.palgraveconnect.com - licensed to The Chinese University of Hong Kong - PalgraveConnect - 2015-09-28

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List of Figures and Tables

vii

Acknowledgments

ix

Introduction

1

1 Economic Sanctions: An Overview

3

2 Myanmar—20 Years of Sanctions and Their Lasting Effect Nikolay Anguelov and Kristin Bryant

21

3 Myanmar’s Sanction Legacy: The Results of Nonengagement Nikolay Anguelov and Kristin Bryant

33

4 Absorb and Control: How North Korea Responds to Economic Sanctions Bradley J. Hornback and Nikolay Anguelov 5  Alternatives to Sanctions Tiffany Kaschel and Nikolay Anguelov

59 71

6 Sanctions or Soft Power: Implications for Competitiveness

111

7 Engage or Not? Conclusions and Policy Imp