Economics & Global Affairs

9 Items

The Bavand, one of two stranded Iranian vessels, sits anchored at the port in Paranagua, Brazil on July 25, 2019. In defiance of U.S. sanctions, Brazil's top court ordered state oil company Petrobras to supply fuel to two Iranian vessels that were stranded off the coast of Parana state since early June (AP Photo/Giuliano Gomes).

AP Photo/Giuliano Gomes

Journal Article - Washington Quarterly

A Financial Sanctions Dilemma

| Winter 2020

Over the last two decades, there has been a dramatic increase in the popularity of financial sanctions as an instrument of US foreign policy to address security threats ranging from weapons of mass destruction (WMD) proliferation and terrorism to human rights violations and transnational crime. Washington’s policymakers have prized these tools for their ability to rapidly apply pressure against foreign targets with few perceived repercussions against American business interests. The problem, however, is that Washington is ignoring a growing tension between financial sanctions designed to support economic statecraft (with non-financial goals) and those designed to protect the international financial system. Confusing the two sends mixed signals to adversaries as well as allies and undermines US credibility and commitment to upholding international banking rules and norms. If Washington cannot reconcile these competing processes, it is unlikely that future administrations will enjoy the same foreign policy levers, leaving the United States at a significant disadvantage.

- Belfer Center for Science and International Affairs, Harvard Kennedy School

Belfer Center Newsletter Winter 2010-11

| Winter 2010-11

The Winter 2010/11 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights a major Belfer Center conference on technology and governance, the Center's involvement in the nuclear threat documentary Countdown to Zero, and a celebration of Belfer Center founder Paul Doty.

 

President Barack Obama signs the Iran Sanctions Bill imposing tough new sanctions against Iran as further punishment for the country's continuing nuclear program, July 1, 2010, in the East Room of the White House.

AP Photo

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Sanctions to Spur Negotiations: Mostly a Bad Strategy

| July 22, 2010

"...[S]ince sanctions and economic constraints will directly impact ordinary Iranians, they will intensify the current sense of distrust towards the West and especially the United States in all political trends and people, subsequently resulting in national mobilization and unity, thereby strengthening the hand of the Iranian government to resist the sanctions. This is the complete opposite of the result desired by the West."

Brazil's President Luiz Inacio Lula da Silva (8th from left) and Iran's President Mahmoud Ahmadinejad (7th from left) at the 14th G-15 Summit, in Tehran, on May 17, 2010. Iran's Nuclear Program will also be discussed.

AP Photo

Analysis & Opinions - Iran Review

G-15 Challenges World Powers' Monopolies

| May 15, 2010

"In today's world, nations' access to middle or advanced range technologies such as car industries or nuclear technology, their increased national defensive and deterrent capabilities and thus their more regional political and economic clout, enable them to sway more influence on international and regional public opinion, and thereby express their ways of progress and national confidence. This can challenge the hegemony and power monopoly of great powers such as the United States and pave the way for creating new opportunities to establish regional coalitions by rising states."

Iranian President Mahmoud Ahmadinejad, left, and his Turkish counterpart Abdullah Gul at the Ciragan Palace in Istanbul, Aug. 14, 2008. Iran's President arrived in Turkey where he is expected to sign a new gas pipeline deal.

AP Photo

Journal Article - Viewpoints

Iran's Islamic Revolution and Its Future

| January 29, 2009

"Regime sustainability despite different internal crises and foreign threats underlines the fact that Iran enjoys a relatively rational decision-making process. The central slogan of the Iranian Revolution was "Independence, Freedom, and Islamic Republic." Today, Iran is an independent state, as it does not belong to an Eastern or a Western bloc. Although the country has not realized its ambition of economic independence, the revolution has provided economic welfare. Rural development has improved people's lives by providing villages with water, electricity, and infrastructure. The essence of independence also
referred to the specific relations between the Iranian monarchy and the United States. The US-sponsored 1953 coup against the popular Muhammad Mosaddeq government made Iran an American client state, leading to Iranian dependence in all aspects."

- Belfer Center for Science and International Affairs, Harvard Kennedy School

Belfer Center Newsletter Winter 2008-09

| Winter 2008-09

The Winter 2008-09 issue of the Belfer Center newsletter features recent and upcoming research, activities, and analysis by Center faculty, fellows, and staff on critical global issues. "What should the next president do first?" is a question raised in this issue. Belfer Center experts respond to the question with advice on what they consider priority issues of national security, climate/energy policy, and the economic crisis.

The Winter 2008-09 issue also features take-aways from the Center’s recent “Acting in Time on Energy Policy” conference hosted by the Energy Technology Innovation Policy research group. In addition, it spotlights Belfer Center Faculty Affiliate Richard Clarkeand new Kennedy School Professor Nicholas Burns.

Analysis & Opinions

Stephen M. Walt on the U.S., Iran, and the New Balance of Power in the Persian Gulf

| August 5, 2008

Walt: “…..by maintaining a (new) balance you don’t get conflict breaking out and you tilt in favour whichever side seems to be falling behind. At the same time, you do try to discourage conflict whenever possible. You certainly don’t try to control the region yourselves and if the balance breaks down as it did in 1991 and you have to intervene you go in, you get out as quickly as possible. But you don’t try to organize these societies. You don’t try to tell them how to live. You don’t try to tell them how their governments should be organized and you don’t try to transform them at the point of a rifle barrel. This is not disengagement, but it is also not trying to control the region or dictate its political evolution.”

“…we are not going to have a stable long-term situation in the Persian Gulf until the United States and other countries in the region—including Iran—do come to some understanding about the various issues that concern them.  Achieving that goal will require genuine diplomacy…The United States will also have to recognize that Iran’s size, potential power, large population, and its geo-strategic location inevitably make it a major player in the security environment in the Persian Gulf, and ignoring that fact is unrealistic…”