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Using Sanctions to Fight Terrorism

Author

Listed:
  • Gary Clyde Hufbauer

    (Peterson Institute for International Economics)

  • Jeffrey J. Schott

    (Peterson Institute for International Economics)

  • Barbara Oegg

    (Peterson Institute for International Economics)

Abstract

Following the September 11 attacks on the World Trade Center and Pentagon, President Bush prepared the country for a "war on terrorism". As outlined in his speech before the joint session of Congress on September 20, the war on terrorism will be fought on many fronts: diplomatic, intelligence, covert action, economic sanctions, law enforcement as well as military. Diplomacy, intelligence, covert action, and economic sanctions have historically served as auxiliary measures in wartime. Economic sanctions, in particular, have routinely foreshadowed or accompanied broader war efforts.

Suggested Citation

  • Gary Clyde Hufbauer & Jeffrey J. Schott & Barbara Oegg, 2001. "Using Sanctions to Fight Terrorism," Policy Briefs PB01-11, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb01-11
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    File URL: https://www.piie.com/publications/policy-briefs/using-sanctions-fight-terrorism
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    Cited by:

    1. Marco Cipriani & Linda S. Goldberg & Gabriele La Spada, 2023. "Financial Sanctions, SWIFT, and the Architecture of the International Payment System," Journal of Economic Perspectives, American Economic Association, vol. 37(1), pages 31-52, Winter.
    2. Muhammad Islam & Wassim Shahin, 2001. "Applying economic methodology to the war on terrorism," Forum for Social Economics, Springer;The Association for Social Economics, vol. 31(1), pages 7-26, September.

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