Coercive economic measures have become a central tool of foreign policy and have been used to address an array of threats to US national security. However, a range of economic and financial technology trends will influence their strength and efficacy in the future.
On April 30, the Center for a New American Security (CNAS) hosted a public event on the future of US coercive economic measures. The event coincided with the release of the new CNAS report Economic Dominance, Financial Technology and the Future of US Coercive Economic Measures.
This event featured keynote remarks from former Secretary of the Treasury Jacob J. Lew and a panel discussion featuring the project team that produced the report, including WilmerHale Partner David S. Cohen. The panel examined the macroeconomic and financial technology trends that will affect the US use of coercive economic measures over the medium term and offered strategies US policymakers can pursue to preserve the effectiveness of coercive economic measures.