Sanctions in an Era of Strategic Competition
Journal: Oxford University Press eBooks
Year: 2024

Abstract The rise of sanctions as a preferred tool of state power is indicative of the current complex, tightly coupled, and occasionally volatile world order. In the days prior to and the months following Russia’s invasion of Ukraine, the United States along with a number of other countries applied new rounds of sanctions on Moscow—some deepening those already implemented following Russia’s annexation of Crimea in 2014 and others focused on elites with ties to the Kremlin. In theory, the pain o