How Has Russia’s Attempt to Destroy the International Economic Order Backfired?

In this conversation with RevDem editor Ferenc Laczó, Maximilian Hess – author of the new book Economic War: Ukraine and the Global Conflict between Russia and the West – shows how an economic war between Russia and the West has broken out in the 2010s; discusses why Russia’s large-scale invasion and brutal attempt to wreck Ukraine in 2022 has caused such disruption on the global scale; reflects on key features of the relationship between Russia and China today; and considers the future place of Russia in the international economic order.

Maximilian Hess is the founder of the political risk consultancy Enmetena Advisory, a fellow at the Foreign Policy Research Institute, and associate fellow at the International Institute for Strategic Studies and at the Oxus Society for Central Asian Affairs. His research focuses on the relationship between trade, debt, international relations, and foreign policy as well as the overlap between political and economic networks.

Economic War: Ukraine and the Global Conflict between Russia and the West has been published by Hurst Publishers.

In collaboration with Lucie Hunter