Skip to main content

With Russian Economy Far From Collapse, U.S. Opts for Tougher Punishment

Russian rubles currency (close up)
February 23, 2024

Nicholas Mulder, IES

“This is the first geopolitical crisis without all of the major Asian economies on board. The West does not have decisive economic power anymore. India and China are enough to keep Russia afloat,” says Nicholas Mulder, professor of history.

Additional Information

Topic

  • Development, Law, and Economics

Program