Coercive Economic Statecraft

In recent years, the world has witnessed the power of the global economy to impact states' behavior and interactions within the international community. The rise of non-state actors and the increasing threat to international stability from states like North Korea and Iran signal that the United States must continue to use financial pressure as a key tool in U.S. national security and leverage the power of the private financial sector to optimize chances for success. In this report, authors Dr. Patrick Cronin, Dr. David Asher and Victor Comras examine the capacity of the United States to use counter-threat finance by examining three cases - North Korea, Serbia and Iraq - to glean lessons learned for the future.

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