Audio Briefs
“Down But Not Out: The Russian Economy Under Western Sanctions”: Audio Brief with Nicholas Fenton
Apr 11, 2025
Explore the intricate strategies behind Western sanctions on Russia following its invasion of Ukraine. Discover how these measures aim to exploit Russia's economic vulnerabilities while ensuring ongoing pressure. Gain insights into refining these tactics to achieve meaningful concessions from Moscow. A deep dive into the resilience and challenges of the Russian economy under such external pressures.
02:19
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Quick takeaways
- Russia's economic vulnerability centers on its reliance on exports, necessitating targeted sanctions to disrupt its financial stability.
- Historical analysis of sanctions post-2022 emphasizes the need for Western policymakers to adapt strategies based on lessons learned for greater effectiveness.
Deep dives
Economic Vulnerabilities of Russia
Russia's main economic vulnerability lies in its current account, which highlights the country's reliance on exports for revenue generation. To effectively apply economic pressure, sanctions should be crafted to increase Russia's import costs significantly and reduce its export revenues drastically. This approach aims to create a scenario where capital flight is encouraged, thereby destabilizing the Russian ruble and amplifying the economic strain on the country. The primary goal is to target areas within the economy that can yield substantial financial impacts while also adapting to the evolving landscape resulting from the ongoing conflict in Ukraine.
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