(Paperback)

Deploying an arsenal of methods from a range of social sciences rarely combined, the author mounts a forceful challenge to conventional wisdom. He begins by building a formal, game-theoretic model of lending credibility, which he then subjects to sophisticated quantitative testing on original data from twenty-six countries over the 1990s.

(Paperback)

Why did the Soviet Union squander the political leverage afforded by its trade subsidy to Eastern Europe Why did Soviet officials fail to bargain with resolve, to link subsidies to salient political issues, to make credible commitments, and to monitor the satellites' policies This book answers these questions and others.