Skip to content

US Treasury Hires Economists to Study Consequences of Sanctions

  • Unit will conduct analysis before sanctions are imposed
  • Critics say penalties are imposed too much and hard to remove

The US Treasury Department hired two economists to study the effects and unintended consequences of sanctions, the financial tools that have come to play a central role in US foreign policy.

The Sanctions Economic Analysis Unit will research the collateral damage of sanctions before they’re imposed, and after they’ve been put in place to see if they should be adjusted. Treasury announced last September it was creating the new positions.