September 24, 2017

Iran's Post-Sanctions Financial Windfall Was Overstated. What Does That Mean for Policy?

By Edoardo Saravalle and ​Neil Bhatiya

The Trump administration seems poised to scuttle the Iran nuclear agreement, the Joint Comprehensive Plan of Agreement (JCPOA). If it does, this decision will be a triumph for the deal’s critics, who have aggressively undersold the JCPOA’s achievements in limiting the country’s nuclear program and oversold the economic relief it gave Iran. Indeed, the discrepancy between what critics have said and what actually occurred should be a warning that assumptions circulated in the press about the economic benefits for Iran associated with the deal, and the supposed power that new unilateral U.S. sanctions could have on Iran, may be more political than empirical. American policymakers should ensure that these wrong assumptions do not inform U.S. foreign policy going forward.

Read the full op-ed in The National Interest.

  • Reports
    • February 8, 2021
    Sanctions by the Numbers

    The U.S. government has used a variety of coercive economic measures to combat the North Korean security threat....

    By Jason Bartlett & ​Francis Shin

  • Commentary
    • February 3, 2021
    Sharper: Iran

    While President Biden has publicly committed to reengaging Iran, his administration faces immediate challenges....

    By Kaleigh Thomas, Chris Estep & Cole Stevens

  • Reports
    • January 26, 2021
    China’s Digital Currency

    China is pushing aggressively to be a global leader in financial technology....

    By Yaya J. Fanusie & Emily Jin

  • Reports
    • January 21, 2021
    Sanctions by the Numbers

    Russia is the second-most sanctioned state by the United States in the past decade, with 742 designations....

    By ​Francis Shin

View All Reports View All Articles & Multimedia