Sanctioning Russia: Implications and Expectations

Join us for a special meeting of the New York-Russia Public Policy Series, co-hosted by the Harriman Institute at Columbia University and the New York University Jordan Center for the Advanced Study of Russia.

Following Russia’s invasion of Ukraine, the West rapidly adopted unprecedented sanctions on Russia. These included a series of export controls and the sanctioning of the Russian Central Bank, major institutions in the financial sector as well as individual “oligarchs” who live and conduct business outside of the country. In addition to these government actions by the United States, the European Union and the UK, hundreds of Western private companies have withdrawn from the Russian market or suspended operations, further exacerbating Russian economic uncertainty. How likely are the sanctions to pressure Russia to halt its campaign in Ukraine, what is their purpose and logic, and what additional measures could be imposed?