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Over the final a long time, sanctions have turn out to be the West’s diplomatic software par excellence. Faced with wars, humanitarian crises, and human rights violations, the West’s response has typically been to impose sanctions to keep away from resorting to navy drive. This week, Mark Leonard invited Agathe Demarais, international forecasting director of the Economist Intelligence Unit and writer of “Backfire – How Sanctions Reshape the World Against US Interests”, to speak about how sanctions work and the way they are often really efficient. Have the sanctions on Russia been profitable? Is there a hazard of the West changing into over-reliant on them? And will they finally get replaced by different financial weapons?
This podcast was recorded on 24 January 2023.
