On 16 August, the Yale School published a report, saying that there remains a startling lack of understanding by many western policymakers and commentators of the economic dimensions of Putin’s invasion, and what it has meant for Russia’s economic positioning both domestically and globally. Far from being “ineffective” or “disappointing,” international sanctions and voluntary business retreats have exerted a crippling effect over Russia’s economy. It sets out to shed light on what is actually going on inside Russia, and says that there is no path out of economic oblivion for Russia as long as the allied countries remain unified in maintaining and increasing sanctions pressure against Russia.
The report is at –
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193
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