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The Sanctions Age
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.
The Sanctions Age
What Makes Sanctions Termination So Difficult
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When sanctions make the news it is usually because new measures are being imposed on a country, company, or individual. But sometimes, the news is that sanctions are being lifted. As discussed in the first episode of this season, the Trump administration has offered Venezuela sanctions relief as part of the arrangement that brought Delcy Rodriguez to power. The second episode examined the impact of the Iran war on Russia, including a surprising general license temporarily rolling back sanctions on Russian oil exports. Last week, the podcast tackled Syria’s economic recovery, which has been spurred by nearly all U.S. and EU sanctions. These recent developments demonstrate the importance of thinking how to remove sanctions when political conditions require.
But what does it mean to lift sanctions? This episode addresses the complex issue of sanctions termination. Drawing on the insights of two pioneers in the study of sanctions termination, the episode explores the political and economic conditions necessary for the successful removal of sanctions.
Julia Grauvogel is a Senior Researcher at the German Institute for Global and Area Studies where she has led several multi-year research projects on the sanctions termination. She is also a professor at Leuphana University in Lüneburg. Hana Attia is a Junior Professor of Security Policy and Peace at Leuphana University and Research Fellow at the German Institute for Global and Area Studies, affiliated with the Middle East Department. She has worked extensively on sanctions issues and is a frequent collaborator with Julia on research projects.
The Sanctions Age is hosted by Esfandyar Batmanghelidj and Josefine Petrick.
To receive an email when new episodes are released, access episode transcripts, and read the hosts reflections on each episode, sign-up for the The Sanctions Age newsletter on Substack: https://www.thesanctionsage.com/