’A gripping, firsthand account. Unparalleled.’ Chris Miller, author of Chip War
Globalisation was once hailed as the great leveller, bringing prosperity to all. But the world has changed. As Russia, China and Iran have sought to upend the international order, America and its allies have mounted unprecedented economic retaliation. The global economy is now a weapon of war.
Chokepoints is a thrilling behind-the-scenes account of one of the most pivotal geopolitical shifts of our time. Drawing on extensive research, personal experience and interviews with key players, Edward Fishman, a former top US State Department official, takes us deep into the back rooms of power around the world. Here we meet an eclectic group of innovators: the diplomats, lawyers and financial whizzes who’ve masterminded a fearsome new arsenal of economic weapons, exploiting Western dominance in global finance and technology, and harnessing the power of Wall Street, the City of London and Silicon Valley to confront a rising authoritarian axis.
The sanctions against Russia might be the biggest coordinated act of economic warfare we’ve seen, but it won’t be the last. Control over modern-day chokepoints – such as the US dollar, advanced microchip technology and critical energy supply chains – has become the key to geopolitical power in the twenty-first century. The result is an economic arms race among great powers and a fracturing global economy. Utterly gripping and brimming with rare insight, Chokepoints is indispensable reading to understand the forces that will shape our world for decades to come.
About the Author
Edward Fishman is one of the world’s leading authorities on economic statecraft and sanctions. He teaches at Columbia University’s School of International and Public Affairs and is a senior research scholar at the Center on Global Energy Policy. He previously served at the US State Department, the Pentagon and the Treasury Department, earning awards for his work implementing the Iran nuclear deal and designing and negotiating sanctions on Russia after its 2014 annexation of Crimea. His analysis is regularly featured by the BBC, Financial Times, Economist, New York Times and Wall Street Journal, and he frequently writes for publications such as Foreign Affairs and Politico. He holds a BA in History from Yale, an M.Phil in International Relations from Cambridge and an MBA from Stanford.
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