Debate of the day
Can the "economic war" be won?
Audio 29:25
A protester holds a sign reading 'No SWIFT for Russia' during a rally against the Russian invasion of Ukraine on February 26, 2022 in Frankfurt am Main, western Germany.
AFP - YANN SCHREIBER
By: Romain Auzouy
1 min
This is the answer to the war in Ukraine: since the beginning of the Russian invasion, the West has increased economic sanctions.
The latest major one, the exclusion yesterday Wednesday (March 2, 2022) of seven Russian banks from Swift, a key cog in international finance.
The stated objective: "wage a total economic and financial war against Russia", in the words of the French Minister of the Economy Bruno Le Maire who subsequently tempered his remarks.
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Is this the best option to bend President Vladimir Putin?
What are the risks of such a policy in a context of strong economic dependence on Westerners?
What are the consequences for the global balance?
To discuss:
- Michel Ruimy,
economist, professor at ESCP and Sciences Po Paris
- Ivan Samson,
professor of Economics and Social Sciences at the University of Grenoble, specialist in Russia
- Carole Grimaud-Potter
, Russian geopolitics teacher, Paul Valery Montpellier University.
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