CGD in the News

Preemptive Contract Sanctions for Syria Featured in the Situation Report (Foreign Policy)

December 6, 2012
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Senior fellows Kimberly Ann Elliot and Owen Barder are quoted in reference to CGD's work on preemptive contract sanctions for Syria.

From the article:

Situation Report Idea Floater. Another novel approach on Syria came over the transom to Situation Report: something called "pre-emptive contract sanctions." The Center for Global Development shot us a blog post that media reps there say is getting some traction by places like the FT, the Daily Beast, CNN and others, as a way to get rid of Assad.

"It's time to try a new tool that would strengthen existing measures: preemptive contract sanctions. This would take the form of a declaration that any new contracts with the Assad regime are illegitimate and need not be honored by a legitimate successor government. Such a declaration would discourage new contracts with or loans to the regime because of the likelihood that that they would be repudiated by a successor government," write Kimberly Ann Elliott and Owen Barder.

Read it here.