Sanctions Won’t End Russia’s War in Ukraine | 2022 | Publications
Sanctions Won’t End Russia’s War in Ukraine
Mariya Grinberg
The National Interest, December 24, 2022
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Indeed, it is the collective nature of the sanctions - the process of their development and implementation - that allows Russia to circumvent the worst of the intended economic pain. Each member of the sanctioning coalition is incentivized to decrease the individual burden felt from severing economic relations with Russia. This not only reduces the effectiveness of the ultimate compromise, but also provides Russia with lead time to adjust to future sanctions and incentivizes Western firms to increase trade with Russia before sanctions are imposed.