An Analysis of Economic Warfare
构建了一个评估经济战的框架,分析削弱对手收入来源的努力,并应用于美国打击阿富汗鸦片贸易,发现需求缺乏弹性和执法目标不当导致资源流向塔利班。
I develop a framework for assessing economic warfare, which describes efforts to undermine adversaries' sources of income. The ability to target adversarial market participants is a primary determinant of the success of such efforts, as is the elasticity of demand in the relevant market. An application of the framework to US efforts to suppress the Afghan opium trade yields pessimistic results. Inelastic demand and poorly targeted enforcement have led these efforts to increase the drug trade resources flowing toward the Taliban.