HOW TO MAKE ANTI-RUSSIAN SANCTIONS MORE EFFECTIVE KYIV‑2022

THE STATUS QUO How to make anti-Russian sanctions more effective THE IMPACT OF SANCTIONS Given the vulnerability of the Russian economy in 2014, Western sanctions were able to contribute significantly to the stopping of Russian aggression against Ukraine. [...] With this, the steps taken by the Russian government stabilized the country's economic situation and hence limited the devastating effect of the sanctions during the first six months of the war. [...] THE IMPACT OF SANCTIONS How to make anti-Russian sanctions more effective The exit of Western companies from the Russian market creates a short-term increase in unemployment and the loss of investment, as well as leads to capital outflow. [...] The Central Bank of Russia managed to minimize the negative effect of losing 50% of the country's foreign exchange reserves and maintain the ruble exchange rate (mainly due to the combination of capital controls and falling imports). [...] SUGGESTED WAYS TO INCREASE THE EFFECTIVENESS OF SANCTIONS How to make anti-Russian sanctions more effective The purpose of individual sanctions is for the sponsors of war to lose economic opportunities, undergo punishment for the creation of Putin's criminal regime, and, most importantly, be motivated to change and revise the policy toward Ukraine.