Warring countries have attacked each other’s economies for hundreds of years. But do the tools of economic warfare – sanctions, tariffs, blockades and embargoes – actually work? Soumaya speaks to Mark Harrison, emeritus professor of economics at Warwick university, and co-editor (with Stephen Broadberry) of 'Economic Warfare and Sanctions since 1688’, about what centuries of economic conflict can teach us about Iran (and Russia) today.

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Further reading:

Which chokepoint wins in a game of geoeconomic Top Trumps?

Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner and sound design by Sean McGarrity. The FT head of audio is Cheryl Brumley.

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Iran’s de facto closure of the Strait of Hormuz has already rocked global oil markets and stock market indices, spooking everyone from politicians to central bankers. But if Iran wants to make matters worse, it can. Soumaya speaks to Edward Fishman, senior fellow at the Council on Foreign Relations and author of ‘Chokepoints: American Power in the Age of Economic Warfare,’ to find out what this conflict means for the future of economic coercion. Soumaya and Edward also discuss how geographical chokepoints differ from economic ones (like rare earths, or the dollar system), and the unintended consequences of the war.

Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.

Further reading:

Which chokepoint wins in a game of geoeconomic Top Trumps?

How to survive an energy crunch

Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Sean McGarrity The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

There’s a trope going around these days: western commentators travel to China, tour its factories and when they return home they say that when it comes to innovation, China has won the global race. But how true is that? Host Soumaya Keynes discusses the successes and shortcomings of China's evolving industrial policy with Kyle Chan, author of the High Capacity newsletter and a fellow in the John L Thornton China Center at the Brookings Institution.

Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.

Further reading:

How China pulled off a great tech reversal

Which chokepoint wins in a game of geoeconomic Top Trumps?

China’s growth target is a global problem

Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval and Michela Tindera. Manuela Saragosa is the executive producer. Original music by Breen Turner and sound design by Sam Giovinco. The FT head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.