Economic Statecraft and US Foreign Policy: Reducing the Demand for Violence by Leif Rosenberger

Author:Leif Rosenberger [Rosenberger, Leif]
Language: eng
Format: epub
Tags: International Relations, Public Policy, Diplomacy, Industries, Political Science, Business & Economics, Economic Policy, General
ISBN: 9780429646539
Google: ib29DwAAQBAJ
Goodreads: 50850222
Publisher: Routledge
Published: 2019-11-12T08:27:07+00:00

Option 2: Use the money to rebuild its infrastructure and revive its economy.

Iran’s support for instability is not inevitable. It can choose re-entry into the global economy. The United States is not a helpless bystander. If Trump loses in 2020, a new US president could work with the US private sector and shape Iran’s decision to benefit from a web of economic interdependence as a responsible stakeholder. The United States and its allies could tilt the playing field and shape’s Iran’s decision to pursue option two, but instead of wishing for Iran to choose option 2, a new US president would need to work for it with the Iranians. Iran should consider using the $100 billion in unfrozen assets from the nuclear deal to recapitalize a restructured banking sector.

In a broader sense, a new US president in 2020 needs to work closely with the US oil companies, US carmakers, etc. to boost investment and trade with Iran. When this happens, a web of economic interdependence occurs. In this case, Iran develops a stake in shared prosperity. Once Iran becomes a responsible stakeholder, it will think twice before it does anything blatant to destabilize the region and throw it all away.

That does not mean that the US and Iran will always see the world in the same way. Their interests and policies may often diverge. But when US and Iranian interests largely converge, as they did in Iraq against ISIS, the US should not cave to political correctness. The US should cooperate with Iran to maximize our chances of success against terrorist groups like ISIS in Syria.

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