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Export Control Reform: A Law And Economics Perspective, Jared P. Hollett

Jared P Hollett

This note addresses current developments in the administration’s ongoing Export Reform Initiative. This initiative promises to revamp the way the United States controls exports –including weapons and other potentially dangerous items. Proposed rules from the departments of State and Commerce and broken down into seven components and analyzed under a law and economics approach to optimal rule precision. This note finds that the majority of the proposed export reforms are positive, two are questionable and deserve scrutiny from lawmakers, and one component is contrary to the objectives considered in this analysis.