Articles on Economic sanctions

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Vladimir Putin chairing a meeting with members of the security council in Moscow, Russia, December 28. Alexander Kazakov / Kremlin / Pool / EPA

Sanctions rarely achieve their goals – here’s why they failed in Russia and Myanmar

Sanctions drive nations towards building domestic industries to replace imported goods and strengthening alliances with supportive countries.
Traditional Russian wooden nesting dolls depict U.S. President Donald Trump and Russian President Vladimir Putin at a gift shop in Moscow on Feb. 13, 2025. Tatyana Makeyeva/AFP via Getty Images

Trump’s move to closer ties with Russia does not mean betrayal of Ukraine, yet – in his first term, Trump was pretty tough on Putin

Trump is a transactional president, and US companies could profit if the country aligns with Russia – or backs Ukraine, depending on what is involved for the US.
Russian President Vladimir Putin attends a ceremony to present medals at the St. George Hall of the Grand Kremlin Palace, in Moscow, Russia, Dec. 8, 2023. (Sergei Guneyev, Sputnik, Kremlin Pool Photo via AP)

Why Russians still support Vladimir Putin and the war in Ukraine

Polls suggest many Russians remain supportive of Putin and the war in Ukraine. Economic realities and western double standards likely play a big role.
Russian Central Bank Chief Elvira Nabiullina attends a meeting on economic issues in Moscow in February 2023. Central bank reserves are among the Russian state assets that could be seized under Canadian law. (Dmitry Astakhov, Sputnik, Kremlin Pool Photo via AP)

Seizing Russian state assets to rebuild Ukraine: Will it prolong the war, or end it?

Who will pay to rebuild Ukraine? Canada is the first to pass a law allowing Russian state assets to be seized to rebuild Ukraine, but will it discourage Russia from ending the war?
People march in Saskatoon, Sask., with the flag of Ukraine during a rally mourning the deaths of civilians killed during the Russian invasion of Ukraine. THE CANADIAN PRESS/Heywood Yu

5 areas where Canada needs to step up on the war in Ukraine

Canada has played the role of a global peace advocate before. Rarely has the world needed it more than right now.
Everyday Russians, like these people in Moscow, may shoulder much of the burden of the world’s economic sanctions aimed at Vladimir Putin and his oligarchs. AFP via Getty Images

Economic sanctions may make Russians’ lives worse – without stopping Putin’s assault on Ukraine

Personalist dictators tend to shield the elites who support them from the economic pain of sanctions by pushing costs onto regular people.
The yacht Amore Vero is docked in the Mediterranean resort of La Ciotat, France. French authorities have seized the yacht linked to Igor Sechin, a Vladimir Putin ally who runs Russian oil giant Rosneft, as part of EU sanctions over Russia’s invasion of Ukraine. (AP Photo/Bishr Eltoni)

Sanctions against Russia are targeting the ‘elite’ — but did that work in Iran?

The targeting of elite interests has been at the centre of recent sanctions policies, including sanctions on Russia. We look at the effectiveness of targeting in Iran in the 2010s.

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