Russian sanctions and the risks of a multipolar world


April 19, 2023, 11:00 AM to 12:00 PM EDT
PIIE Webcast, Washington DC

Moderator: Marcus Noland (PIIE)
Presenters: Steven Fries (PIIE), Elina Ribakova (PIIE) and Jeffrey J. Schott (PIIE)

Event Summary

The Peterson Institute for International Economics (PIIE) discussed the impact of sanctions on authoritarian regimes and what past countries' cases might reveal about Russia's future trajectory.

New PIIE nonresident senior fellow Elina Ribakova presented on the state of the Russian economic outlook, budget, and military. Jeffrey J. Schott, PIIE senior fellow, assessed the effectiveness of recent sanctions. PIIE nonresident senior fellow Steven Fries  spoke about the global oil market amid recent OPEC+ supply cuts and G7-EU sanctions on Russian exports, assessing their market implications, the global price outlook, and further market gambits. PIIE executive vice president and director of studies Marcus Noland moderated the event, drawing from his work on sanctions against authoritarian regimes like North Korea. 


Marcus Noland
Executive Vice President and Director of Studies, PIIE


Steven Fries
Nonresident Senior Fellow, PIIE

Elina Ribakova
Nonresident Senior Fellow, PIIE

Jeffrey J. Schott
Senior Fellow, PIIE