Since the end of the Cold War, economic sanctions have become an essential instrument of global and national foreign policy, imposed to end civil wars and thwart nuclear proliferation, mass atrocities, and terrorism. But over the past decade sanctions have become...
December 2021
Options for Leveraging Sanctions to Address the Syria Conflict
The United States has a long history of enacting sanctions on Syria, beginning in 1979 with the designation of Syria as a “state sponsor of terrorism.” Initial measures were limited to restrictions on weapons transfers and targeted sanctions on government officials...
The Inflation Weapon: U.S. Sanctions and the Assault on Iranian Households
The U.S. imposed sanctions on Iran in 1979 following the Islamic revolution and the taking of U.S. hostages. Iranian imports to the U.S. were banned, and more than $12 billion in Iranian assets held in U.S. accounts were frozen. These sanctions were broadened in 1984...
Sanctions, Venezuela’s Crisis, and Options for Economic Statecraft
The United States first imposed economic sanctions on Venezuela in 2017 when it blocked the government and its state-owned oil firm from access to financing and dividend payments. These actions, which initially came in response to the Maduro regime stripping of powers...