The Economic Weapon: The Rise of Sanctions as a Tool of Modern War | Nicholas Mulder, Yale University Press, New Haven, CT, 2022, 416 pp., Price: US$ 24.00 (Paperback), ISBN: 9780300270488

The Economic Weapon came at a time when Western policymakers were struggling to sanction one of the world’s largest economies, Russia, over the war in Ukraine. Nicholas Mulder, an Assistant Professor of modern European history at Cornell University, traces the evolution of the ‘economic weapon’ or what is now referred to as ‘economic sanction’, since its origin in 1914 until the foundation of the UN. In Prof. Mulder’s view, the role of the economic weapon was not given its proper space in World War history. Through the historical account, the author explores how the emergence of the economic weapon during wartime and especially during peacetime played a role in shaping the currents of various events.