Economists find U.S. sanctions on Russia after Ukraine invasion have had limited economic impact.

A report by economists Oleg Itskhoki and Elina Ribakova finds that U.S. sanctions on Russia after its Ukraine invasion have not significantly harmed its economy as expected. They argue for a more forceful and immediate imposition of sanctions, noting Russia's ability to adapt due to lessons from past sanctions and the lack of broader international participation. The study emphasizes the importance of global cooperation for effective sanctions in future geopolitical conflicts.

September 25, 2024
21 Articles