Striking Back - How Impactful are Western Sanctions against Russia?
Channel: Aspen Institute Germany
Date: 2022-03-11

In response to Putin‘s war of aggression against Ukraine, the U.S. and the EU have imposed various economic sanctions against Russia. Given the uncertain developments, a further tightening of measures is possible in the coming days and weeks. While the impact of some instruments is more likely to be medium- and long-term, effects on stock markets, exchange rates, trade relations, and banking stability are already evident. 
In a virtual panel discussion on March 10 from 4:30 - 5:30 p.m. CET, addressed precisely these economic effects of the sanctions on the US, the EU, Russia, and Ukraine. What is the goal of the various instruments? Can Russia withstand the sanctions in the long run? We explored these and other questions with Gabriel Felbermayr, Julia Friedlander, Dr. Jana Hecker, Alexander Schönfelder and Michael Harms as speakers.