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The Design and Impact of Western Economic Sanctions against Russia

Tijdschriftbijdrage - Tijdschriftartikel

The economic sanctions imposed by the West against Russia in 2014, following the latter’s
aggression in Ukraine, were deliberately limited but nevertheless significant, their impact
distinguishable from that of the fall in oil prices that occurred in late 2014. Edward Hunter
Christie argues that these sanctions, in combination with credible threats of further
sanctions, appear to have had an effect in limiting Russian aggression in Ukraine, even
though they have not led to a reversal of facts on the ground. This article also explores
the possibility that, in the absence of other coercive components to underpin diplomatic
efforts, the earlier application of more robust economic sanctions might have had
stronger effects on Russia’s behaviour.
Tijdschrift: RUSI Journal
ISSN: 0307-1847
Issue: 3
Volume: 161
Pagina's: 52-64
Jaar van publicatie:2016
Trefwoorden:Russia, Ukraine crisis, International security, Sanctions, EU foreign policy, Common Foreign and Security Policy (CFSP)
Auteurs:International
Toegankelijkheid:Closed