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This is Peter Wallensteen’s first academic publication (1968), and it is also the first systematic, statistical treatment of economic sanctions and their ability in achieving compliance. By selecting ten comparable cases, identifying around fifty possible explanations of the outcomes and exposing them to a statistical test, Wallensteen is able to point to a few crucial variables that can serve as a guide for the efficacy of this non-military instrument in achieving change.
Peter Wallensteen (Sun,) studied this question.