Event Date: March 10, 2022 - 12:00pm to 1:30pm EST
Presented by CIPS and the International Political Economy Network (IPEN)
The world has watched in horror as Russia has invaded Ukraine, causing a massive humanitarian crisis. Among the main responses from Western nations has been a major ramping up of economic and targeted sanctions on Russia and Russian individuals. The sanctions have already resulted in significant damage: The Central Bank of Russia’s foreign assets and reserves in G7 countries have been frozen; the Russian rouble has collapsed; numerous international financial transactions have been blocked.
How are we to think of the sanctions in the context of the global political economy? What are the real objectives of Western sanctions on Russia and are they likely to be successful? How will the sanctions impact everyday people (in Russia, Ukraine, sanctions-imposing nations), and how are those people likely to respond to them? How do these sanctions fit within the broader history and trajectory of Western sanctions as a geopolitical punitive tool? Join us for this panel to hear answers on these and related questions from leading experts in the field.
Abraham L. Newman is professor of Government and the Edmund A. Walsh School of Foreign Service at Georgetown University. He is the Director of the Mortara Center for International Studies. His research focuses on the politics generated by globalization and is the co-author Of Privacy and Power: The Transatlantic Struggle over Freedom and Security (Princeton University Press 2019), which was the winner of the 2019 Chicago-Kent College of Law / Roy C. Palmer Civil Liberties Prize, the 2020 International Studies Association ICOMM Best Book Award, and one of Foreign Affairs’ Best Books of 2019, co-author most recently of Voluntary Disruptions: International Soft Law, Finance and Power (Oxford University Press 2018), and has authored numerous books and peer-reviewed articles.
Paola Subacchi is Professor of International Economics and Chair Advisory Board at the Global Policy Institute at Queen Mary, University of London, and Adjunct Professor at the Department of Political and Social Sciences at the University of Bologna. Previously, she was Director of International Economics Research at the Royal Institute of International Affairs (Chatham House) for over ten years.
Daniel McDowell is an Associate Professor of Political Science at the Maxwell School of Citizenship and Public Affairs at Syracuse University. He is the author of Brother Can You Spare a Billion? The United States, the IMF, and the International Lender of Last Resort (Oxford 2017) and many peer-reviewed articles. He is currently completing a book that surveys the impact of US financial sanctions on the global use of the dollar.
Eva Nanopoulos is a Senior Lecturer in Law at Queen Mary, University of London. She is author of the Juridification of Individual Sanctions and the Politics of EU Law (Hart, 2020) and co-editor of The Crisis Behind the Euro-Crisis (CUP, 2019) and is current working on a new book project, Decolonizing Sanctions: A Legal History and Theory.
Oleg Nivievskyi is an Assistant Professor at Kyiv School of Economics and a coordinator of the UaFoodTrade research Project conducted jointly with the Leibniz Institute of Agricultural Development in Transition Economies (IAMO). Oleg has more than 15 years of international experience in applied research in agri-food product and factor markets and value chains, as well as in agri-food and regulatory policy impact. His research interest also covers spatial economics, efficiency and productivity analysis.
Juliet Johnson‘s research focuses on the politics of money and identity, particularly in post-communist Europe. She is Professor in the Department of Political Science at McGill University, an Elected Fellow of the Royal Society of Canada, Network Director of the Jean Monnet network Between the EU and Russia (BEAR), former editor of the Review of International Political Economy, and Vice-President/President-Elect of the Association for Slavic, East European, and Eurasian Studies. Her most recent book is Priests of Prosperity: How Central Bankers Transformed the Postcommunist World (Cornell 2016) and she has authored numerous scholarly and policy-oriented articles.