Published: May 7th, 2023,
Last updated: May 28th, 2025
Gabriel Felbermayr is the Director of the Austrian Institute of Economic Research.
Western sanctions have failed to stop Putin’s war machine. On the contrary: The IMF sees Russia’s economy growing again. It is not least China that has filled the void. Speaking with Felix Lee, economist Gabriel Felbermayr explains why the sanctions are nevertheless important.
Mr. Felbermayr, have the Western sanctions against Russia failed?