Abstract
A 2024 book titled “How Sanctions Work, Iran and the Impact of Economic Warfare” by Narges Bajoghli, Vali Nasr, Djavad Salehi-Isfahani, and Ali Vaez argues that sanctions have had no impact on the behavior of the Islamic Republic in Iran (IR hereafter) and have instead inflicted pain on the ordinary Iranians. While the book does offer a useful description of the evolution of the sanctions against the IR, it fails in its analysis and conclusions.
Date Received
September 10, 2024
Date Revised
September 25, 2024
Date Accepted
October 5, 2024
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
Javadi, Siamak; Pakravan, Alborz; Bahadori, Ojan; and Akhondi, Alireza
(2024)
"How to Make Everything About Sanctions? Review of “How Sanctions Work, Iran and the Impact of Economic Warfare” by Bajoghli, Nasr, Salehi-Isfahani, and Vaez (2024),"
Markets, Globalization & Development Review:
Vol. 9:
No.
1, Article 3.
DOI: 10.23860/MGDR-2024-09-01-03
Available at:
https://digitalcommons.uri.edu/mgdr/vol9/iss1/3
Included in
Human Rights Law Commons, International Business Commons, International Trade Law Commons, Macroeconomics Commons
Author Bio
Siamak Javadi is an Associate Professor of Finance at University of Texas Rio Grande Valley (UTRGV). He earned his PhD from Oklahoma State University in 2014. His research papers are published in top finance journals, including Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Corporate Finance, Financial Management, Financial Review, and Journal of Financial Stability.
Alborz Pakravan is a policy analyst and a non-resident fellow at the House of Liberty. He leverages his background in development economics and his PhD in economics and engineering to provide insights on the Iranian economy. Alborz’s work is reflected in op-eds, social media engagements, and economic policy bulletins. He also co-hosts a podcast, a platform for discussing Iranian economy in Farsi.
*Ojan Bahadori is at PricewaterhouseCoopers Germany (PwC DE). He holds a master’s degree (LL.M.) in European and International Law and a Master of Business Administration (MBA). His work is focused on the prevention of financial crimes, with a particular emphasis on Economic Sanctions. He has served as a Project Executive at the Due Diligence Helpdesk on EU Sanctions, advising on EU sanctions compliance.
*The views expressed in this paper are personal to Bahadori and do not represent the stance of any affiliated organizations, including PwC."
Alireza Akhondi is a member of the Swedish Parliament since 2018. He currently sits on the Civil Affairs Committee and the Center Party’s National Party Board. Akhondi has been particularly devoted to social issues relating to freedom, equality, and human rights. He is a member of the Advisory Board of United Against Nuclear Iran (UANI) and is UANI’s advisor on European affairs.