Grading the effectiveness of sanctions on Russia. Ukraine in Flames #176

Ukraine’s international partners have already introduced seven packages of sanctions against Russia in response to Russia’s brutal war against Ukraine. The Russian economy is facing significant problems, however, the effect of the imposed measures is not as devastating as many expected. How efficient is the sanction mechanism and how does it impact Russia’s capacity to wage its war? Learn in Ukraine In Flames #176. Speaker: Nataliia Shapoval - Chairman of KSE Institute, Vice President for Policy Research, Member of Advisory Board of Center of Excellence in Procurement, Member of Editorial Board of VoxUkraine, Trade +, Center of Excellence in Procurement Oleh Pendzyn, economist, Economic Discussion Club CEO, Head of the Department of the Federation of Trade Unions of Ukraine Timecodes 00- Intro 02:25 Shapoval: why forecasts of some forecasts regarding Russia’s economy gradually improved 04:37 Shapoval: which restrictions are more efficient than others 10:03 Shapoval: how to make the sanctions system more effective? 13:36 Pendzyn: Russian economy did not fall as deeply as experts expected 16:04 Pendzyn: Russia today strongly reminds of the USSR