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The Little Sanctions Office That Could

Big Take

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The Rise of Economic Sanctions and the Challenges Faced by OFAC

Exploring the role of economic sanctions as a key tool for the U.S. government in achieving foreign policy goals, with a focus on the challenges faced by the Office of Foreign Assets Control (OFAC) in meeting the growing demand for sanctions. The chapter discusses a case study of sanctions imposed on Russia in 2022 and their effects on the country's financial institutions.

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