As Europeans suffer high energy costs and the prospect of a rough winter, some have begun to ask if Western sanctions against Russia were in fact an own goal. On the face of it, Russia’s economy is not going through the meltdown once predicted and Moscow continues to make billions from selling its oil and gas to the world.
However, Jeffrey Sonnenfeld and his team at Yale School of Management say the narrative that Russia is riding out the sanctions is false. Their own research suggests Russia’s economy is suffering much more severely than widely reported. In this DW Business Special we discuss his findings.
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