Peter A.G. van Bergeijk

People walk past a currency exchange office screen in Moscow displaying the exchange rates of the U.S. dollar and the euro and to the Russian ruble a few days after Vladimir Putin’s invasion of Ukraine. Economic sanctions have caused the currency to plummet, causing hardship to citizens. (AP Photo/Pavel Golovkin)

Economic sanctions will hurt Russians long before they stop Putin’s war in Ukraine

As the world rightfully fears for the Ukrainian people, we must not turn a blind eye to Russians who are also Putin’s victims and will suffer the most from economic sanctions.
Predictions about the death of globalization were, in hindsight, grossly exaggerated. Recovery efforts took hold early compared to two other major economic crises of the past 100 years, suggesting global trade is much more resilient than anticipated. NASA/Unsplash

COVID‑19 has shone a light on how globalization can tackle inequality

The outbreak of COVID-19 could be used as a building block in the future to reinforce international co-operation and strengthen the pillars of globalization.

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