States, Firms, and Power uncovers the workings behind frequently maligned and often misapplied economic sanctions and incentives that have emerged as the United States policy tools of choice. Shambaugh uses a theory of economic statecraft to analyze the sources and limitations of power relations between sines and firms. The book features a statistical analysis of 66 sanction episodes since 1949, including detailed case studies of U.S. sanctions in the energy, computer, and telecommunications ind