Nuclear Issues

In this journal article for Survival, Aaron Arnold argues that the success of financial sanctions rests largely on the dominance of the US dollar and the correspondent banking system. Yet emerging trends could undermine Washington’s capacity to employ this tool.

Most histories of post-1945 U.S. grand strategy focus on containment of the Soviet Union and U.S. efforts to promote political and economic liberalization. A closer look reveals that "strategies of inhibition"—attempts to control nuclear proliferation—have been a third central pillar of U.S. grand strategy for several decades.

A prominent model of nuclear proliferation posits that a powerful patron state can prevent a weaker ally from proliferating by providing it with security guarantees. The history of West Germany's pursuit of the bomb from 1954 to 1969 suggests that a patron may also need to threaten the client state with military abandonment to convince it not to acquire nuclear weapons.

On April 2, 2015, Matthew Bunn presented "The Iranian Nuclear Deal: Benefits and Risks" at the Oak Ridge National Laboratory. This presentation assess the benefits and risks of the Iranian deal compared to plausible alternatives.

On February 16, 2015, Professor of Practice Matthew Bunn presented "The Iranian Nuclear Crisis: Next Steps" for the Harvard Project for Asian and International Relations.

"The P5+1 should set aside the effort to craft an all-at-once comprehensive bargain and instead adopt a strategy of negotiating incremental agreements. An incremental approach has a number of advantages. The negotiators could focus on one sticking point at a time, without having to coordinate agreement on all of them at once. Negotiators could defer currently intractable issues, like enrichment capacity, until greater trust is built or new opportunities arise. Most importantly, the compromises already achieved under the JPA could be maintained and consolidated, independently of the ups and downs of ongoing negotiations."

"At no point in the history of U.S. nonproliferation and counterproliferation policy have financial sanctions been so central to U.S. efforts to prevent or rollback the acquisition of nuclear weapons in countries such as North Korea and Iran. Despite this crucial role, financial sanctions have been examined almost solely from the sender’s perspective, that is, the country imposing the sanctions. Few focused policy analyses have measured the effects of these instruments from the target’s perspective..."

"Although the cancellation of the planned deployment of the SM-3 IIB interceptors has removed the possibility that interceptors deployed under the phased adaptive approach would pose a threat to Russian missiles, it has not diminished the missile defense system's primary mission of intercepting an array of current and potential future Iranian missiles. The restructured missile defense system would still theoretically be able to handle these Iranian missile threats, even if one factors in a comfortable amount of time for detecting and tracking them."