Sanctions and Civil Conflict
International Monetary Fund (IMF)
Economica, Vol. 69, pp. 185-206, 2002
Using a formal general equilibrium framework, this paper analyses how sanctions imposed on the contestants in civil conflict affect the welfare of these contestants and the allocation of resources to conflict. It is shown that weak sanctions can hurt the contestant they are supposed to help, while strong sanctions augment the expected welfare of their intended beneficiaries. Moreover, sanctions are more likely to be successful if the contestant who is subject to sanctions can expect to derive a positive income in case of compliance. The likelihood of success rises as this income increases,
Number of Pages in PDF File: 22Accepted Paper Series
Date posted: May 9, 2003
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