The Sunday Debate: Sanctions against Russia won't work - Part 1

Dec 11, 2022

Guest

Owen Matthews

Richard Connolly, an associate fellow specializing in the Russian economy, and Simon Jenkins, a renowned journalist, debate the effectiveness of sanctions against Russia. They argue that these penalties may not alter autocratic regimes and could even destabilize Western governments. Opposing them are Russia expert Owen Matthews and journalist Anna Reid, who discuss the challenges of imposing sanctions while managing geopolitical consequences. The debate raises pressing questions about the moral implications and actual impact of these measures on the Russian population.

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INSIGHT

Sanctions: A History of Disappointment

Western regimes favor sanctions as a seemingly liberal intervention tool.
However, sanctions historically prove ineffective in achieving their political goals, often hurting the vulnerable while strengthening autocratic regimes.

INSIGHT

Economic Power in War

Economic power during conflict often disregards monetary cost, as seen in the Falklands War example.
Russia's ability to retaliate, especially with gas and oil, adds complexity to the sanctions' effectiveness.

ANECDOTE

Sanctions' Unexpected Impact on the West

The economic war declared by the West against Russia has destabilized Western governments more than anticipated.
The cost of sanctions for the West may outweigh the cost of military support for Ukraine.

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