Are Economic Sanctions an Effective Deterrent to War?
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Are Economic Sanctions an Effective Deterrent to War?
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About this listen
With tensions mounting, the United States and Western allies are pursuing every option to deter Russia from invading Ukraine. Economic sanctions are seen as a primary tool in the foreign policy toolkit, but the question remains whether sanctions are costly enough to deter a further escalation of tensions. To evaluate this question, Elina Ribakova, Deputy Chief Economist at the Institute of International Finance, joins Horizon Scanning.
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