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Study shows: Western sanctions take a heavy toll on Russia's economy | DW News
Posted
July 29, 2022
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July 29, 2022
567,240
8,203
2,154
1.83%
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9:55Now PlayingResearchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect. The authors claim their work casts doubt on Moscow's claims that the economy remains robust and that the West is suffering more through "a war of economic attrition."
Yale's team of experts used consumer data and figures from Russia's international trade and shipping partners to measure economic activity five months after Moscow launched its invasion of Ukraine. "Russian domestic production has come to a complete standstill with no capacity to replace lost businesses, products and talent," the team found.
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