Economic Sanctions are Insufficient to Stop the War
A year ago, Russia invaded Ukraine, catching many of us unprepared despite clear signs of impending conflict. The assumption that a European nation would conquer another in the 21st century appeared far-fetched. When the worst scenario happened, experts doubted Ukraine’s ability to hold its ground for more than a few weeks. However, the country keeps resisting. The economic domain, along with warfare and geopolitics, presents many examples of events that did not turn out the way it was expected. This op-ed by Volodymyr Kulikov highlights three selected points about economic sanctions, corporate self-sanction, and energy wars.