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Success of U.S. Sanctions Regime Not Clear-Cut, Says Prof
printU.S. officials are increasingly relying on economic sanctions as a tool of foreign policy, but the effectiveness of sanctions in achieving policy objectives is questionable, according to Bryan Early, political science professor at University at Albany and author of "Busted Sanctions: Explaining Why Economic Sanctions Fail." While the U.S. has great leverage over financial institutions, most sanctions-busting behavior comes from smaller entities and complicit jurisdictions, some of which are U.S. allies, Early said. In an interview with ACAMS moneylaundering.com reporter Kira Zalan, Early described the evolution of U.S. sanctions policies, the role of banks in achieving foreign policy objectives and...
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