18.03.2022

The Logic of Economic Warfare

FAZ: Op-ed by Gabriel Felbermayr and Martin Braml

"Sanctions are supposed to decisively weaken Russia's fighting power. The calculation can work if the West remains realistic and considers the economic mechanisms", write WIFO Director Gabriel Felbermayr and Martin Braml (WTO, Munich Economics and ifo Institute) in the Frankfurter Allgemeine Zeitung on 18 March 2022.

How to deal with a nuclear power that commits numerous war crimes, violates international law and abuses its position in the UN Security Council only to tell lies to the world public? And all this for the purpose of suppressing the democratic self-determination of its neighbours, making allegedly historical territorial claims and even denying other nations the right to exist.

You can read the full commentary here (in German).