The Impact of Economic Sanctions on US Trade: Andrew Rose's Gravity Model

Gary Hufbauer and Barbara Oegg
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Barbara Oegg: Peterson Institute for International Economics

No PB03-04, Policy Briefs from Peterson Institute for International Economics

Abstract: With the end of the Cold War, the focus of US foreign policy changed--and so did that of economic sanctions. Partly because of increased cooperation within the UN framework, economic sanctions were imposed so routinely in the early 1990s that scholars called that period the sanctions decade. This proliferation sparked intense debate about the effectiveness of sanctions as a policy tool and moved US sanctions policy to the center of public discourse.

Date: 2003-04
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