Washington’s threats to impose severe economic sanctions on Russia would have little impact, Megan Green, senior fellow at Harvard’s Kennedy School of Government, said in an article published by the American Financial Times.
“The threat of the President of the United States Joe Biden imposing more serious sanctions on Russia looks more and more like a gesture of despair, “Green writes.
The proliferation of alternative payment systems and digital currencies in the world has created many loopholes for countries against which sanctions restrictions are imposed, since they are able to conduct international financial transactions outside dollar structures, leads, cites excerpts from the article “Politics today» .
In addition, the fact that US economic sanctions are becoming ineffective is facilitated by China, which helps “punished” countries bypass, Green added.
According to the expert, the American leadership continues to threaten with sanctions, as it is afraid to spoil its image if it decides to abandon such a line of conduct. As a result, the countries against which the sanctions were imposed are not even trying to rectify the situation and improve relations with the United States, since they understand that Washington will not lift the restrictions already imposed anyway.
All this, Green argues, primarily concerns Russia. The disagreements between Moscow and Washington on the Ukrainian issue turned out to be very deep, tough US sanctions will not help to correct the situation, but will only aggravate, therefore, threats of sanctions are an inappropriate tool for resolving problems.
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