Are US Sanctions on Russia Working?

02/10/23 • 39 min

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FP’s Ravi Agrawal spoke with two experts on sanctions to find out if they have worked: Agathe Demarais, global forecasting director at the Economist Intelligence Unit and author of Backfire: How Sanctions Reshape the World Against U.S. Interests; and Nicholas Mulder, an assistant professor of history at Cornell University and author of The Economic Weapon: The Rise of Sanctions as a Tool of Modern War.

FP subscribers can watch or read a condensed version of the interview.

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FP subscribers can watch or read a condensed version of the interview.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Grading Biden's Foreign Policy

Biden Foreign Policy : Two years into his first term, how has U.S. President Joe Biden fared on foreign policy? FP’s Ravi Agrawal discusses the Biden administration’s foreign-policy successes and failures, with Stephen Wertheim, a senior fellow at the Carnegie Endowment for International Peace, and Nadia Schadlow, a former U.S. deputy national security advisor for strategy.

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Are U.S. Sanctions on Russia Working?

Immediately after Russia invaded Ukraine last year, the United States led a coalition of countries to try to impose stiff economic punishments on Moscow. These sanctions have hurt Russia’s economy in all kinds of ways—but not enough to stop the war. In fact, a new International Monetary Fund report projects that the Russian economy is expected to grow in 2023. This raises the question: Are sanctions an effective diplomatic tool? Or do we just expect too much of them?

This week, FP’s editor in chief, Ravi Agrawal, is joined by Agathe Demarais, author of Backfire: How Sanctions Reshape the World Against U.S. Interests, and Nicholas Mulder, author of The Economic Weapon: The Rise of Sanctions as a Tool of Modern War.

Foreign Policy subscribers can watch these interviews live and submit questions and suggestions by going to https://foreignpolicy.com/live/.