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U.S. Economic Sanctions: Legal Authority and Current and Future Use — Can They Really Work?

Serena Moe, MA, JD

The imposition of economic sanctions by U.S. Presidents as a means of achieving foreign-policy goals has a long history. In recent times it has become a common response to register disapproval of threatening actions by hostile governments as well as a means to punish organizations and individuals that support terrorism and the development of weapons of mass destruction. The evolution of this tool in the United States and in other countries and international organizations has made it the first response to any perceived threat. When is it an effective response? With a focus on the past and present use of sanctions against Iran and North Korea and others, this lecture will consider the effectiveness of economic sanctions as a tool of foreign policy.

Instructor: Serena Moe recently retired as Director for Regulatory Compliance at Citigroup Inc., where she served as the primary interface with the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”), the government office that administers U.S. economic sanctions. Prior to joining the private sector in 1997, Moe was Deputy Chief Counsel at OFAC. She received a BA and an MA from Stanford University and a JD from George Washington University. Coordinator: Steve Clarey

Course Number: OSHR-70052   Credit: 0 units


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