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Begin New Search Topic Economics Author Elizabeth Rosenberg

1. Strengthening the Economic Arsenal: Bolstering the Deterrent and Signaling Effects of Sanctions

Author:
Elizabeth Rosenberg and Jordan Tama
Publication Date:
12-2019
Content Type:
Special Report
Institution:
Center for a New American Security
Abstract:
Economic sanctions have become the tool of choice for U.S. policymakers to influence international affairs. On issues ranging from nuclear nonproliferation to human rights, the United States typically imposes sanctions with the goal of inducing a government to change its behavior. Yet sanctions often have more potential to deter unwanted actions than to compel policy reversals, and the greatest impact of sanctions sometimes involves the signals they convey about likely future U.S. steps. Maximizing the overall effectiveness of U.S. economic pressure therefore requires concerted efforts by policymakers in the executive branch and Congress to make sanctions more effective instruments of deterrence and signaling. Doing this will also have positive knock-on effects, helping to limit the unintentional escalation of international competition and preserve the utility of sanctions as a vehicle for addressing security challenges and protecting universal norms. This report highlights several areas for action by U.S. policymakers: Make U.S. sanctions-removal assurances more credible: U.S. offers to lift sanctions on a country if it makes certain concessions send an effective signal only if the United States has a track record of backing up its commitments. In recent years, this signal has been severely weakened by U.S. failures to follow through on some significant sanctions-removal agreements, notably with Iran and Cuba.
Topic:
Economics, National Security, and Sanctions
Political Geography:
Iran, Global Focus, and United States of America

2. Economic Dominance, Financial Technology, and the Future of U.S. Economic Coercion

Author:
Peter Harrell and Elizabeth Rosenberg
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Center for a New American Security
Abstract:
Coercive economic measures, such as sanctions, investment restrictions, trade controls, and tariffs, have become an increasingly important tool of U.S. foreign policy in recent years. Recent years have witnessed a strengthening of U.S. coercive economic measures, which are likely to remain powerful in the near and medium term. Over the longer term, purely commercial factors are likely to support continued U.S. coercive economic power. However, choices by both U.S. policymakers and foreign governments will be the primary determinant of whether coercive economic measures remain powerful tools of U.S. foreign policy over the longer term. Shifts in the nature of U.S. coercive economic power could prompt some shifts in the balance and nature of the type of coercive economic measures the United States deploys.
Topic:
Foreign Policy, Economics, Science and Technology, Tariffs, and Trade
Political Geography:
North America and United States of America

3. Iran’s Economic Reintegration: Sanctions Relief, Energy, and Economic Growth Under a Nuclear Agreement with Iran

Author:
Elizabeth Rosenberg and Sara Vakhshouri
Publication Date:
06-2015
Content Type:
Working Paper
Institution:
Center for a New American Security
Abstract:
The international community is poised to sign a deal with Iran on its nuclear program, under which Iran would make concessions on its enrichment activities and the United States and others would offer substantial relief from punishing economic sanctions. The removal of the most complex, extensive, and multilateral regime of coercive economic measures promises a windfall to Iran. However, this will be neither immediate nor easy, given the difficulty of reestablishing severed commercial and legal ties between Iran and the global financial system. Removing sanctions will require careful international cooperation and substantial outreach to the private sector.
Topic:
Arms Control and Proliferation, Economics, International Trade and Finance, Oil, Treaties and Agreements, and Sanctions
Political Geography:
Iran and Middle East

4. Economic Statecraft: American Economic Power and the New Face of Financial Warfare

Author:
Elizabeth Rosenberg and Zachary K. Goldman
Publication Date:
06-2015
Content Type:
Policy Brief
Institution:
Center for a New American Security
Abstract:
The United States has long relied on its economic power to protect and advance its interests abroad. In an increasingly integrated international financial system, the U.S. economy and capital markets remain the largest in the world by almost every measure. This status affords the United States an important global leadership position and the ability to shape foreign policy outcomes with economic tools. The structure of the international trade and financial system, in which many significant banking and energy transactions as well as currency reserves are denominated in U.S. dollars, reinforces the central role of the United States.
Topic:
Foreign Policy, Economics, Globalization, International Trade and Finance, Markets, and Power Politics
Political Geography:
United States