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Are Sanctions Slowing Down Russia's War Machine?

Feb 18, 2023

Edward Fishman, a Senior Research Scholar at Columbia's Center on Global Energy Policy and a former U.S. State Department official, joins the discussion on the impact of sanctions against Russia. He examines the limitations of these sanctions in weakening Russia's military capabilities compared to direct aid to Ukraine. Fishman also critiques past U.S. administrations' handling of sanctions, evaluates Russia's economic resilience, and highlights how non-Western countries are helping Russia counteract these measures, affecting the long-term dynamics of the conflict.

15:28

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Edward Fishman

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Episode notes

Intro

3min

The Evolution of Sanctions Against Russia

2min

The Ineffectiveness of Sanctions and Historical Context of Russian Aggression

2min

Analyzing the Impact of Sanctions on Russia's Economy and Military

2min

Sanctions and Their Impact on Russia's Economy

7min

Evaluating the Long-Term Effects of Sanctions on Russia

2min

We're approaching a year since Russian leader Vladimir Putin invaded Ukraine, a conflict that has resulted in thousands of dead civilians and over eight million refugees.

Along with sending billions of dollars in military aid to Ukrainian forces, the US has responded with a wide range of sanctions meant to cripple Putin's war machine, targeting Russian banks, finances, oil, and Russia's billionaire oligarchs.

But as the war continues, critics are asking just how effective the sanctions have been.

Host Michel Martin speaks with Edward Fishman of Columbia University's Center on Global Energy Policy. From 2013 to 2017 he was part of the US State Department, where he was involved in the effort to sanction Russia after its annexation of Crimea in 2014.

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