Overview

How have economic warfare and sanctions been applied in modern history, with what success and with what unintended consequences? In this book, leading economic historians provide answers through case studies ranging from the eighteenth-century rivalry of Britain and France and the American Civil War to the two world wars and the Cold War. They show how countries faced with economic measures have responded by resisting, adapting to, or seeking to pre-empt the attack so that the effects of an economic attack could be delayed or temporarily neutralised. Behind the scenes, however, economic measures shaped the course of warfare: they moulded war plans, raised the adversary's costs of mobilisation, and tipped the balance of final outcomes. This book is the first to combine the study of economic warfare and sanctions, showing the deep similarities and continuities as well as the differences, in an integrated framework.

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9781009474863

Table of Contents

Reviews

'In an era marked by trade wars, chip wars, and mounting economic sanctions, few books are more timely or valuable. Broadberry and Harrison's edited volume provides indispensable, rigorously researched insights into today's geopolitical challenges, exploring three centuries of efforts to weaponize economic relations in pursuit of political ends.' Joseph A. Maiolo, author of Cry Havoc 'It is hard to imagine a more topical theme, and Broadberry and Harrison are the perfect editors. Essential reading for anyone interested in globalisation, deglobalization, and the many links between trade and war.' Kevin O'Rourke, author of Power and Plenty 'Economic warfare has usually been regarded as a product of the twentieth-century total wars, but in this revealing and wide-ranging set of essays Harrison and Broadberry show that forms of economic warfare go back a long way and are still a twenty-first century reality. There is much here for policymakers as well as historians to reflect on.' Richard Overy, author of Why War 'Broadberry and Harrison have long been leading figures in understanding the economics of warfare. In this volume, they offer the definitive starting point for anyone needing to understand the central role of economic power as an instrument of coercion in security competition.' Paul Poast, author of Wheat at War 'This superb volume is impressive in both the breadth of its coverage and its depth. It will become required reading for anyone trying to grasp the effectiveness of economic warfare and sanctions. I only wish it did not feel so relevant to the contemporary world.' Duncan Weldon, author of Blood and Treasure

Author Information

Stephen Broadberry is Professor of Economic History in the Department of Economics at the University of Oxford. Mark Harrison is Emeritus Professor of Economics at the University of Warwick.

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