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Sanctions, Business Retreats, and the Russian Economy

Sanctions, Business Retreats, and the Russian Economy
Rachel Moltz
Fri, 09/09/2022 – 11:49
The Hoover Institution hosted Sanctions, Business Retreats, and the Russian Economy on Thursday, September 8th from 12:00 – 1:00pm PT. Watch the discussion with Jeffrey Sonnenfeld, Senior Associate Dean for Leadership Studies and Lester Crown Professor in the Practice of Management at Yale University, about the economic dimensions of Putin’s invasion of Ukraine and the consequences for Russia.

Since the war began approximately six months ago, Professor Sonnenfeld and a team of experts and researchers have been maintaining a database of company responses to Russia and analyzing the impact of sanctions and business retreats on the Russian economy. Their work challenges some of the common misconceptions about the resilience of Russia’s economy, especially Putin’s ability to leverage energy policy to put pressure on his adversaries and fund the war effort. Professor Sonnenfeld’s data-driven research shows that sustained economic pressure is working. If Western countries continue their unified approach to sanctions, there are few options for the Kremlin to revitalize the Russian economy.
Thu, 09/08/2022 – 11:39Events
Main Research Feed
Technology, Economics, and Governance Working Group
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Source:: Hoover Institution

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