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Nicholas Mulder on Sanctions as a Weapon

August 30, 2022

Nicholas Mulder says Sanctions can have far greater effects on the global economy than ever before. (photo: Cornell University)

Sanctions are not new, but they deliver bigger global shocks and are easier to avoid than at any time in history. Nicholas Mulder's latest book, The Economic Weapon, the Rise of Sanctions as a Tool of Modern War, looks at sanctions regimes of the past to better understand the implications of today's sweeping sanctions against Russia. In this podcast, Mulder says we need to think more carefully about crafting macroeconomic policy at a global level to offset the negative effects that the sanctions are having on third countries. Transcript

Read the article in Finance and Development

Nicholas Mulder is an assistant professor of history at Cornell University,