Iran and the Global Economy
The escalating confrontation between the United States and Iran over the latter’s nuclear program has triggered much debate about what actions should be taken to ensure that Iran does not develop a nuclear weapon. How might certain actions against Iran affect the global economy? FAS released the results of a study, “Sanctions, Military Strokes, and Other Potential Actions Against Iran” which assesses the global economic impact on a variety of conflict scenarios, sanctions and other alternative actions against Iran. FAS conducted an expert elicitation with nine subject matter experts involving six hypothetical scenarios in regards to U.S. led actions against Iran, and anticipated three month cost to the global economy. These scenarios ranged from increasing sanctions (estimated cost of U.S. $64 billion) to full-scale invasion of Iran (estimated cost of U.S. $1.7 trillion).
While it is reasonable for governments to keep the most sensitive aspects of nuclear policies secret, the rights of their citizens to have access to general knowledge about these issues is equally valid so they may know about the consequences to themselves and their country.
Nearly one year after the Pentagon certified the Sentinel intercontinental ballistic missile program to continue after it incurred critical cost and schedule overruns, the new nuclear missile could once again be in trouble.
“The era of reductions in the number of nuclear weapons in the world, which had lasted since the end of the cold war, is coming to an end”
Without information, without factual information, you can’t act. You can’t relate to the world you live in. And so it’s super important for us to be able to monitor what’s happening around the world, analyze the material, and translate it into something that different audiences can understand.