Sanctions have been an important tool of every government's toolbox for decennia. With the war in Eastern Europe and the rising tensions between the US and China, it is vital we understand this often implemented instrument. But what are sanctions - and how are they realized? Is it possible to measure their effectiveness? Can they be successful, and if not, why do we still use them? Guiding us through this complex subject is John Smith, formerly director of OFAC (Office of Foreign Assets Control) of the US Treasury Department and currently partner at Morrison Foerster. This podcast is in English, except for the Dutch introduction and ending. https://www.atlcom.nl/programma/jonge-atlantici-nieuwjaarsborrel/