Financial Sanctions and Economic Coercion

Financial Sanctions and Economic Coercion

Financial sanctions and other forms of economic coercion have become policy tools of choice for the US government to deter illegal activity by international actors or to pressure governments into reversing actions that harm US interests. Yet these instruments and their potential pitfalls are often misunderstood. Restrictive economic measures such as financial sanctions, export controls, tariffs, and investment screening can play an important role in advancing certain policy objectives, but they risk being ineffective if misapplied or poorly implemented. Policymakers must also recognize the impact of economic statecraft on the private sector, which bears many of the compliance burdens and operational costs associated with these measures.

Energy Sanctions Dashboard

This dashboard focuses on US sanctions and restrictive measures placed on crude oil from Russia, Iran, and Venezuela—including the unintended consequences and the lessons learned.

Econographics

Apr 17, 2025

Russia Sanctions Database

By Kimberly Donovan, Maia Nikoladze, Lize de Kruijf

The Atlantic Council’s Russia Sanctions Database tracks the level of coordination among Western allies in sanctioning Russian entities, individuals, vessels, and aircraft, and shows where gaps still remain.

Eastern Europe Economy & Business

Recent analysis

Friedlander interviewed by the RUSI Suspicious Transaction Report podcast

Econographics Sep 16, 2025

The Supreme Court’s decision on Trump tariffs will have lasting impact on US economic statecraft

By Stephanie Connor

Regardless of how the Supreme Court rules, the case will shape US economic policy for years to come.
Economy & Business Trade and tariffs
Friedlander interviewed by the RUSI Suspicious Transaction Report podcast

New Atlanticist Mar 28, 2024

The axis of evasion: Behind China’s oil trade with Iran and Russia

By Kimberly Donovan, Maia Nikoladze

Beijing has developed a way to import Iranian and Russian oil while bypassing the Western financial system and shipping services.
China Economy & Business
Friedlander interviewed by the RUSI Suspicious Transaction Report podcast

Testimony Feb 21, 2025

Kimberly Donovan testifies to the US-China Economic and Security Review Commission on the Axis of Autocracy

By Kimberly Donovan

On February 20, Economic Statecraft Initiative Director Kimberly Donovan testified to the US-China Economic and Security Review Commission at a hearing titled, “An Axis of Autocracy? China’s Relations with Russia, Iran, and North Korea.”
China Economy & Business

Programs

At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.

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Content

In the News

Apr 22, 2022

Friedlander interviewed by the RUSI Suspicious Transaction Report podcast

Listen to the episode here.

Economy & Business Financial Regulation

Podcast

Apr 22, 2022

Episode 2: “Russia and the Arctic”

Mathieu Boulègue, Senior Research Fellow for the Russia and Eurasia Programme at Chatham House, takes a closer look at Russia’s deep ties to the Arctic and its posturing in the region.

Climate Change & Climate Action Crisis Management

BelarusAlert

Apr 20, 2022

Ukraine reveals Russian military plans for “full-scale invasion of Belarus”

By Brian Whitmore

With Belarusians uneasy over their country's role in Putin's Ukraine War, Moscow may revive earlier plans for the military takeover of Belarus if growing anti-war sentiment threatens to undermine Russian influence.

Belarus Conflict

In the News

Apr 19, 2022

Lipsky quoted in Reuters on G20 protests over Russia

Read the full article here.

Economy & Business Financial Sanctions and Economic Coercion

In the News

Apr 19, 2022

Cohen quoted in the Ciper Brief on energy impacts of European embargo on Russian oil

By Atlantic Council

Conflict Eastern Europe

In the News

Apr 19, 2022

Event with India’s Finance Minister featured in The Hindu

Read the full article here.

Climate Change & Climate Action Economy & Business

In the News

Apr 18, 2022

Chamlou joins VOA Farsi to discuss Iran’s recent economic developments with the IMF and World Bank

By Atlantic Council

Economy & Business Farsi

In the News

Apr 18, 2022

ACFrontPage event with Secretary Yellen the subject of article in Bloomberg

Read the full article here.

Economy & Business Financial Sanctions and Economic Coercion

In the News

Apr 18, 2022

Opinion piece by Rana Foroohar in the Financial Times cited the GeoEconomics ACFrontPage event with Secretary Yellen

Read the full article here.

Economy & Business Financial Sanctions and Economic Coercion

UkraineAlert

Apr 16, 2022

Never Again?

By Victor Pinchuk

Ever since the Nazi Holocaust, German leaders have declared "never again," but they are now guilty of failing to prevent Russia from committing a new genocide in Ukraine, says Victor Pinchuk.

Conflict Economy & Business
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Experts

Staff

Nitansha Bansal

Associate Director

Cyber Statecraft Initiative

Artificial Intelligence Cybersecurity

Fellow

Ryan Berger

Nonresident Fellow

Global China Hub

Americas Cybersecurity

Fellow

Chris Brummer

Nonresident Senior Fellow

GeoEconomics Center

Digital Currencies Economy & Business

Fellow

Michael Carpenter

Distinguished Fellow

Eurasia Center Europe Center

Eastern Europe National Security

Fellow

Hagar Hajjar Chemali

Nonresident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

Economy & Business Financial Sanctions and Economic Coercion

Fellow

Claire Chu

Nonresident Fellow

Global China Hub

China Chinese
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