Ep76. Can Sanctions help us Order the Disorder?
Following Russia\u2019s full-scale invasion of Ukraine in 2022, the West initiated the most comprehensive economic war in human history. The US, EU, and UK announced a range of well-coordinated sanctions against Russia which included export restrictions, freezing assets, excluding the Russian Central Bank from SWIFT, and banning flights. It was an example of transcending the Enduring Disorder with the main Western powers working together seamlessly.\xa0\n\xa0\nBut seen in hindsight were these effective? Did they degrade Russia\u2019s fighting capacity? Does kicking a state out of the globalized economy actually hit Disordering states, like Putin\u2019s Russia or Iran, where it hurts? Do they help avoid future aggression? Or do they facilitate the rise of a \u2018Disorderer\u2019s Club\u2019 where sanctioned autocracies merely trade with each other and form common cause against the West?\xa0\n\xa0\nIn this\u2019 investigative\u2019 episode of Disorder, Jason Pack is joined by Bloomberg journalist, Stephanie Baker, author of \u2018Punishing Putin: Inside the Global Economic War to Bring Down Russia.\u2019 The pair explore different theories of whether economic integration prevents wars, the effectiveness of sanctions, the fear of blowback, the role of oligarchs in Putin's regime, and the impact of the novel $60 a barrel \u2018oil price cap\u2019 on Russia's economy. Plus: as they Order the Disorder, they look at whether methods like the oil price cap could be used to deter Iran, the need for a coordinated international response (which includes players like the UAE), and how targeting Putin\u2019s access to high-end semi-conductors could help undermine his authoritarian power.\xa0\n\xa0\nProducer: George McDonagh\xa0\nExec Producer: Neil Fearn\xa0\n\xa0\nShow Notes Links\xa0\nListen to our episode with Marcel Dirsus Ep67. \u2018Dictators\u2019 Disordering Quest for Internal Security\u2019: https://pod.link/1706818264/episode/bcd89a117331e217c82af1d018e28d9e\xa0\xa0\n\xa0\nListen to our episode with Tom Burgis which sheds light on why authoritarian states outsource their economic functions and corruption: https://pod.link/1706818264/episode/e003625c25e8ce63dda398369bfea54b\xa0\xa0\n\xa0\nFor more on Stephanie visit: https://stephaniebakerwriter.com/\xa0\xa0\n\xa0\nGet Stephanie\u2019s book, Punishing Putin: Inside the Global Economic War to Bring Down Russia: https://www.simonandschuster.com/books/Punishing-Putin/Stephanie-Baker/9781668050583\xa0\xa0\n\xa0\nReadna review of Punishing Putin: https://foreignpolicy.com/2024/09/13/punishing-putin-review-us-economic-sanctions-russia-war-ukraine/\xa0\xa0\n\xa0\nRead more from Stephanie on how Seizing a Russian Superyacht is much more complicated than you think: https://stephaniebakerwriter.com/stories-archive/russian-oligarch-s-seized-yachts-are-costing-tax-payers-millions\xa0\xa0\n\xa0\nAnd for some amusement amidst all the seriousness, Read \u2018Giuliani Has Curious Links to a Jewish Village in Ukraine\u2019 by Stephanie https://stephaniebakerwriter.com/stories-archive/guiliani-link-to-jewish-village-ukraine\xa0\xa0\nLearn more about your ad choices. Visit podcastchoices.com/adchoices