| Description |
1 online resource (IV , 37 pages) : color illustrations |
| Contents |
Executive summary. -- 1. Introduction. -- The 2014 sanctions on Russia. -- The current sanctions and export controls on Russia. -- 2. The economic impacts on Russia. -- Financial shock and recovery. -- Sustained trade surplus. -- Fiscal impact mitigated by energy exports. -- Disrupted production, higher prices, and lower living standards. -- A dismal economic outlook. -- 3. The goals and effectiveness of the economic measures on Russia. -- An economic theory of victory? -- 4. Comparing Russia and China as economic targets. -- 5. Lessons for the potential use of sanctions against China. -- Endnotes |
| Summary |
This report finds that while the economic measures are harming the Russian economy, they have done less damage than many predicted—in part because of Russia’s continued energy exports—and are unlikely to deliver a knockout blow. Western policymakers’ goals have evolved from deterring Russia, to trying to destabilize its financial sector, to degrading its ability to sustain its war effort. The report finds that enacting comparable sanctions and export controls on China would be far more difficult and disruptive to the global economy. The report concludes by offering 10 major lessons with implications for potential sanctions or export controls against China in a potential crisis over Taiwan |
| Notes |
"A report of the CSIS Economics program"--Title page |
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"February 2023"--Title page |
| Bibliography |
Includes bibliographical references (pages 27-37) |
| Notes |
Description based on online resource; title from PDF title page (CSIS, viewed February 25, 2023) |
| Subject |
Economic sanctions -- Economic aspects -- Russia (Federation) -- Evaluation
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Economic sanctions -- Economic aspects -- China -- Forecasting
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China.
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Russia (Federation)
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| Form |
Electronic book
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| Author |
Plazzi, Andrea Leonard, author
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Center for Strategic and International Studies (Washington, D.C.), publisher.
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