The Sanctions Age

May 06 2024 9

The Sanctions Age Podcast artwork

The Sanctions Age is a podcast that explores how sanctions are changing the world. Twenty years ago, the U.S. Department of Treasury had imposed sanctions on fewer than 1,000 companies and individuals. Today, more than 10,000 entities have been targeted. Leaders around the world are imposing sanctions in response to wars, nuclear proliferation, terrorism, human rights violations, and technological competition. As a result, a growing list of countries are targeted by sanctions, export controls, and investment restrictions, including China, Russia, Iran, Venezuela, and Syria. The Sanctions Age invites the people who understand sanctions best—economists, historians, lawyers, policymakers, and journalists—to explain their use and significance. Understanding sanctions is the key to understanding politics and economics today. We are living in The Sanctions Age.

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Episode 5: Maximilian Hess and Nicholas Mulder

May 06 2024 49 mins

Maximilian Hess and Nicholas Mulder have spent a lot of time thinking about economic weapons and economic war, especially in the context of Ukraine.Their writings have graced the pages of the New York Times, the Financial Times, Foreign Affairs, and Foreign Policy. If there are trenches in economic wars, then Max and Nick two of the best correspondents writing with their boots in t

Episode 4: Javad Shamsi

Apr 28 2024 49 mins

Javad Shamsi on how firms adapt to sanctions.The U.S. sanctions on Iran target sectors across the country’s economy, including the energy, manufacturing, and banking sectors. In addition, hundreds of Iranian companies have been designated, meaning they have been singled out with targeted sanctions. Despite this expansive sanctions regime, very few large enterprises in Iran have g

Episode 3: Daniel McDowell and Maria Shagina

Apr 22 2024 44 mins

Daniel McDowell and Maria Shagina on how states evade and undermine sanctions.The stakes around sanctions circumvention have never been higher. The Russian invasion of Ukraine has made sanctions evasion a matter of life or death. Russia continues to use export revenues to fund its war economy, and, despite trade restrictions, Russian factories continue to churn out weapons using im

Episode 2: Henry Farrell and Abraham Newman

Apr 15 2024 49 mins

Henry Farrell and Abraham Newman on weaponizing Interdependence in a globalized world. In 2019, Henry Farrell and Abraham Newman published a paper titled “Weaponized Interdependence,” which quickly became one of the most widely cited papers about economic coercion. The paper spurred scholars and policymakers to recognise how the networks that underpin the globalised economy can

Episode 1: Saleha Mohsin

Apr 08 2024 36 mins

Saleha Mohsin on how the strong dollar became the weaponized dollar.Over the last few decades, the Department of Treasury has transformed from an institution that managed the dollar, government budgets, and issued bonds into an institution playing a critical role in US national security. At the heart of this transformation was cast of characters—legislators and bureaucrats—who

Episode 6: Delaney Simon

Apr 02 2024 41 mins

Delaney Simon on the challenges of peacebuilding in the wake of sanctions.Sanctions are not meant to last forever. When diplomatic negotiations bring a dispute or conflict to an end, it may be time to lift sanctions imposed in response to that conflict. Unfortunately, sanctions can be difficult to lift, and they have lingering effects that can make it harder to build a durable peac