Ever since Ukraine was invaded, I’ve supported imposing the harshest possible economic sanctions on Russia. I mean not just on the oligarchs (who anyway deserve no mercy) but on the entire country.
Supporters of sanctions hope they will do one or more things: a) cripple Russia’s power to continue or expand its military aggression; b) create popular discontent that would push Putin toward the negotiating table; or c) spark a coup or political transformation that would sweep Putin away, end the war, and maybe even lead to liberal reforms.
And given the devastating impact that sanctions have already had on the Russian economy, at least some of those goals might appear to be within our reach.
But lately I’ve been looking at academic studies of sanctions and their effectiveness.
The expert take is that, in practice, sanctions rarely work. What’s worse, they often have their own unintended consequences (see: Cuba; Iraq), and these can be catastrophic, particularly to the poor and powerless.
The conclusions from some of these studies have been summarized on Wikipedia.
I was hoping the experts would tell us how to make sanctions smarter. So far, I haven’t seen much on that subject, which suggests they consider it a lost cause.
My gut still says we should punish Russia through sanctions. We have the right to turn our backs on Russia, and we have the means to make the Russians pay dearly for disrupting the peace in Europe.
What’s more, I find it very hard to stomach the idea of letting Russians go about their lives unscathed as their troops destroy apartment blocks, schools, and hospitals in Ukraine.
And yet, and yet… we all know the damage that gut-based policy-making can do (see: Bush, G.W.).
I want our foreign policy to be based on experience, evidence, and results. I want us to study the mistakes of the past and to adjust our policies accordingly.
So… is there a pragmatic, dispassionate case for imposing sanctions on the Russian population?
Or is it more about punishing Russia and feeling like we’re “doing something,” without regard to the consequences?