Deputy Chief Economist, Office of the Chief Economist
U.S. Department of State
"Measuring Smartness: The Economics of Targeted Sanctions
While broad economic sanctions and trade embargoes have long been used as instruments of foreign policy, targeted sanctions focusing on specific individuals, entities, and transactions are relatively new and less understood. Dr. Ahn will discuss some of his latest research using detailed firm-level data to provide empirical estimates of the economic impact of targeted sanctions, focusing on the case of sanctions deployed by the United States and the European Union against Russia after the crisis in Ukraine in 2014 as a natural experiment.
Dr. Daniel P. Ahn is the Deputy Chief Economist (a Deputy Assistant Secretary-level position) at the U.S. Department of State, where he leads on a wide range of international economic and security topics relevant to U.S. foreign policy, including global economic growth, financial stability, economic and financial sanctions, trade, and energy topics. He also represents the Department at numerous bilateral and multilateral fora.
He is also a Professorial Lecturer at Johns Hopkins University Paul H. Nitze School of Advanced International Studies, where he teaches graduate courses on energy economics, finance, and the economics of conflict and national security.
Before entering public service, Dr. Ahn was the chief economist for energy and commodities at Citigroup in New York, and also held senior positions at Citadel, Barclays Capital, and Lehman Brothers.
He has also held research and teaching positions at Harvard University John F. Kennedy School of Government, the National Bureau of Economic Research, Columbia University School of International and Public Affairs, the Council on Foreign Relations, Georgetown University, and the International Monetary Fund.
He is the author of numerous academic research articles, testimony before U.S. Congress, and a forthcoming textbook. He was featured in Forbes Magazine as one of 30 under 30 in Finance, and selected by ICAEW Economia as one of its Future Stars. He is a member of the Council on Foreign Relations.
He completed his A.B. in economics and finance with honors from Princeton University, and his Ph.D. in economics from Harvard University.
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