Publisher's Synopsis
This study analyzes the international financial, legal, and political implications of freezing sovereign assets by the United States. It examines freezing of the Iranian assets in detail, and studies the other cases of asset freezing (Libya, Panama, Kuwait and Iraq), showing how it has become a routine measure of US foreign policy. This is followed by an analysis of the future use of asset freezing and the defensive measures that can be taken by potential target countries, both developing one-commodity-producing and developed countries that have investments in the United States.