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The conflict between Iran, Israel, and now the United States has yet to disrupt energy supplies to global markets. However, the US decision to attack Iran's nuclear program...
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In the growing conflict between Israel and Iran, many questions now loom, including the extent of US involvement, the potential for regime change, and the status of Iran’s...
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Reports by Richard Nephew • July 31, 2017
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Senior Scholar Richard Nephew assesses the unintended consequences of sanctions and explores to what degree such consequences should be considered when formulating statecraft. Using the case of U.S. sanctions against Iran–which were first imposed in 1996 in the Iran-Libya Sanctions Act (ILSA) and followed up by the comprehensive embargo against Iran erected by President Clinton–Nephew examines whether these sanctions had a discernible, deleterious impact on Pakistan and its energy firms, as a result of a diminished Iranian natural gas sector.
Nephew concludes that Pakistan was harmed by the imposition of sanctions against Iran, but that it is impossible to ascertain how much the effectiveness of the sanctions regime would have been impaired in their absence. Based on his analysis, he offers three over-arching recommendations for policymakers considering the use of sanctions:
The conflict between Iran, Israel, and now the United States has yet to disrupt energy supplies to global markets. However, the US decision to attack Iran's nuclear program...
Israel’s decision to attack Iran’s nuclear program on June 12 might go down in history as the start of a significant regional war, and the inflection point that led Iran to finally acquire nuclear weapons.
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Reports by Richard Nephew • July 31, 2017