Jim Goldgeier gives opening remarks before moderating a panel on economic sanctions hosted by Foreign Policy at Brookings
In the nearly two decades since the 9/11 attacks, the United States has expanded its use of economic sanctions to address a broad range of national security and foreign policy objectives. Through the innovative use of financial penalties and greater integration in the global banking system, sanctions have become the go-to tool of economic warfare. They are widely applicable, scalable, and can be comprehensive or targeted. Yet, with Washington’s increasing reliance on these policy instruments, serious questions remain about their long-term effectiveness and their potential to produce unintended consequences.
For sanctions to achieve strategic objectives they must be adapted to a new era of geopolitical competition and coordinated with other forms of diplomacy. To help make sense of the design, implementation, and implications of sanctions, Foreign Policy at Brookings hosted a panel of experts with a combined background in the use of sanctions in Latin America, Europe, North Korea, and the Middle East.
Jim Goldgeier, Robert Bosch senior visiting fellow in the Foreign Policy program, kicked off the event with introductory remarks. He then moderated a panel discussion with Brookings Senior Fellows Suzanne Maloney, Jung Pak, and Ted Piccone. The session concluded with questions from the audience.
Jim Goldgeier gives opening remarks before moderating a panel on economic sanctions hosted by Foreign Policy at Brookings
In the nearly two decades since the 9/11 attacks, the United States has expanded its use of economic sanctions to address a broad range of national security and foreign policy objectives. Through the innovative use of financial penalties and greater integration in the global banking system, sanctions have become the go-to tool of economic warfare. They are widely applicable, scalable, and can be comprehensive or targeted. Yet, with Washington’s increasing reliance on these policy instruments, serious questions remain about their long-term effectiveness and their potential to produce unintended consequences.
For sanctions to achieve strategic objectives they must be adapted to a new era of geopolitical competition and coordinated with other forms of diplomacy. To help make sense of the design, implementation, and implications of sanctions, Foreign Policy at Brookings hosted a panel of experts with a combined background in the use of sanctions in Latin America, Europe, North Korea, and the Middle East.
Jim Goldgeier, Robert Bosch senior visiting fellow in the Foreign Policy program, kicked off the event with introductory remarks. He then moderated a panel discussion with Brookings Senior Fellows Suzanne Maloney, Jung Pak, and Ted Piccone. The session concluded with questions from the audience.