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sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …
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punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available …. The application of sanctions activates a "virtuous emotional circle"" that accompanies cooperation. Emotionally aroused …
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This paper empirically investigates whether donor countries punish sovereign defaults by reducing foreign aid ows. Our findings reject the hypothesis formulated in the theoretical literature that a default leads to a loss of foreign aid for the defaulting country. Creditor countries directly...
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current increasing international sanctions aim to reduce the military capabilities and capacities of the Iranian government …
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Economic sanctions are a frequent instrument of foreign policy. In a diplomatic conflict, they aim to elicit a change … in the policies of foreign governments by damaging their economy. However, sanctions are not costless for the sending …. We first gauge the impact of the sanctions' regime using a structural gravity framework and quantify the trade losses in …
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