GLOBSEC: Sanctions and Active Financial Measures – Another Front of the War against Ukraine

2022-10-10 | Expert publications, Sanctions

By Juraj Kuruc. There is nothing novel about economic sanctions nor the use of “soft power” as a propaganda tool. The novelty in the West’s and Ukraine’s responses, however, regards their methods and applications; more specifically, the sanctions imposed against Russia have been unprecedented in both the scope and swiftness in which they have been enforced. At the same time, there has been a realisation that Russia has deployed its financial resources to actively undermine democracies in countries it perceives as a threat, from influencing elections[1], to staging irregular migration crises.

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