International Economic Sanctions Are Not Zero-Sum Games: There Are Only Losers
Ostensibly, the US sanctions have been enacted to bring pressure on Iran to abandon her support of terrorism and subversion of the region, efforts to produce weapons of mass destruction, and opposition to the Arab-Israeli peace process. But it is said that domestic politics, particularly, the 1996 presidential elections and the power struggle over foreign policy between the Congress and the President may have resulted in adopting the harsh measures. In this paper we argue that embargoes and sanctions outlined above are detrimental to the United State’s leadership and harm American economic interests, and in all likelihood, they will not change Iran’s behavior.
|Date of creation:||1998|
|Date of revision:||1998|
|Publication status:||Published in Iranian Journal of Trade Studies Quarterly 5.1(1998): pp. 1-14|
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- Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 1990. "Economic Sanctions Reconsidered: 2nd Edition," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 82, January.
- Peter A.G. van Bergeijk, 1994. "Economic Diplomacy, Trade And Commercial Policy," Books, Edward Elgar Publishing, number 447.
- Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition (paper)," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4129, January.
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