1. 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