Sanctions on Russia: What’s working? What’s not? 

Tuesday, May 28, 2024, 10:30 a.m. – 12:00 p.m. EDT
Online: https://www.brookings.edu/events/sanctions-on-russia-whats-working-whats-not/ 

In response to Russia’s invasion of Ukraine in February 2022, the U.S. and its allies imposed an unprecedented set of sanctions on the Russian economy including restrictions on Russian imports of high-tech goods, limits on Russia’s revenues through a price cap on its oil exports, and financial sanctions against Russian banks and government entities. Although there are many clear sanction successes, Russia’s economy to date has proved more resilient than many expected, and sanctions have not deterred Putin’s aggressive military campaign.

On May 28 at 10:30 a.m., the Economic Studies and Foreign Policy programs at Brookings will consider the effectiveness of the sanctions and ways to tighten them with the release of a series of essays and a conversation. Daleep Singh, deputy White House national security advisor for international economics, will deliver keynote comments. His remarks will be followed by a panel with economist Yuriy Gorodnichenko of the University of California-Berkeley, who wrote one of the essays, Agathe Demarais of the European Council on Foreign Relations, and Brookings Senior Fellow Fiona Hill. The panel will be moderated by Reuters Diplomatic Correspondent Arshad Mohammed.

Viewers can join the conversation and ask questions of the speakers by emailing events@brookings.edu or on X/Twitter at @BrookingsEcon and/or @BrookingsFP using the hashtag #Sanctions.