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Jensen Huang, who founded NVIDIA in the early 1990s and built it into one of the most valuable companies in the world today, has thought a lot about...
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Past Event
June 5, 2018
12:30 pm - 2:00 pm
Abstract:
Nations and international organizations are increasingly using sanctions as a means to achieve their foreign policy aims. However, sanctions are ineffective if they are executed without a clear strategy responsive to the nature and changing behavior of the target. In The Art of Sanctions, Richard Nephew offers a much-needed practical framework for planning and applying sanctions that focuses not just on the initial sanctions strategy but also, crucially, on how to calibrate along the way and how to decide when sanctions have achieved maximum effectiveness.
Nephew will make a presentation on his book, outlining its main themes and discussing its implications for today’s issues. The book itself develops guidelines for interpreting targets’ responses to sanctions based on two critical factors: pain and resolve. The efficacy of sanctions lies in the application of pain against a target, but targets may have significant resolve to resist, tolerate, or overcome this pain. Understanding the interplay of pain and resolve is central to using sanctions both successfully and humanely. With attention to these two key variables, and to how they change over the course of a sanctions regime, policy makers can pinpoint when diplomatic intervention is likely to succeed or when escalation is necessary. Focusing on lessons learned from sanctions on both Iran and Iraq, the book provides policymakers with practical guidance on how to measure and respond to pain and resolve in the service of strong and successful sanctions regimes.
Speakers:
Richard Nephew is a senior research scholar at the center on global energy policy at Columbia University. He is the former principal deputy coordinator for sanctions policy at the State Department and Director for Iran at the National Security Council at the Obama White House.
Moderator:
Erica Moret, Graduate Institute of International and Development Studies
Dr. Moret is Senior Researcher at Global Governance Centre. She is also the Coordinator of the Geneva International Sanctions Network.
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