Sanctions will remain an essential tool in countering Russian intervention in Ukraine. They should reflect clear objectives and a solid assessment of their impact on the EU, Russia and Ukraine; the EU economy is more resilient than Russia’s. If the conflict in Ukraine continues, the West should impose tougher sanctions on Russia’s elite. Neither the collapse of Russia’s economy nor a strong, revanchist Russia with the power to dominate its neighbours would be in the interest of the West. A prosperous, democratic Russia would be best for everyone; since that is currently unachievable, Western leaders need to consider a policy of containment.
View the press release.
Written by Christian Odendahl, Ian Bond, Jennifer Rankin
Ian Bond is director of foreign policy and Christian Odendahl is chief economist at the Centre for European Reform. Jennifer Rankin is a journalist in London who has worked in Brussels and Moscow.
sourche: http://www.cer.org.uk/publications/archive/policy-brief/2015/frozen-politics-and-economics-sanctions-against-russia?utm_source=All+website+signups+as+of+21+March+2014&utm_campaign=4a32d8ea07-PB_Frozen_sanctions_Russia&utm_medium=email&utm_term=0_c3be79867d-4a32d8ea07-301763949
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