In 2022, the Biden Administration enacted two major policies at the intersection of emerging technology and political economy. First, in August 2022, President Joe Biden signed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund, which allocated $52 billion in incentives and investments to re-shore semiconductor chip manufacturing from abroad. The legislative language…
Tag: sanctions
Policy Series 2021-54: Stuck: “America First” and the Middle East
At the time of writing, it is only six months since Joe Biden became President of the United States. Yet there is already one notable contrast between Biden and his predecessor, Donald Trump, that deserves more attention. In a nutshell, Trump promised an overhaul of U.S. foreign policy but couldn’t deliver. Biden is trying to…
Article Review 147 on “Going Fishing versus Hunting Whales: Explaining Changes in How the US Enforces Economic Sanctions.”
Unfamiliar with sanctions issues, and accustomed to their capitals’ discreet use of this foreign policy tool, the European public follows sanctions-related headlines with some puzzlement. If the United Nations (UN) lifted sanctions on Tehran following the conclusion of the nuclear deal, why was it necessary to create a special vehicle for trade with Iran, the…
Review Essay 40 on The Art of Sanctions: A View from the Field
Richard Nephew’s The Art of Sanctions: A View from the Field offers a refreshing perspective on the study of economic sanctions. It draws on the author’s experience as Director for Iran on the National Security Council and as deputy sanctions coordinator at the State Department in the Obama Administration. Having been involved in developing and…
Roundtable 9-17 on Busted Sanctions: Explaining Why Economic Sanctions Fail
In 2016 President Barack Obama guided two United States efforts involving sanctions on two adversarial states, Fidel Castro’s Cuba since1960, and Iran over its development of nuclear power and potentially nuclear weapons. The first ended without success as Fidel and his brother Raoul Castro maintained control of Cuba despite the significant economic consequences of U.S….