Attention Economy


Friday, April 22, 2022

Rethinking US Foreign Policy Goals, Objectives, and Instruments

Washington's clumsy attempts to bully India must stop
https://asia.nikkei.com/Opinion/Washington-s-clumsy-attempts-to-bully-India-must-stop
Undermining its relationship with New Delhi will cost the U.S. dearly

Treasury Aims for Economic Pain on Russia, but Critics Question Effectiveness
 
Ross Douthat notes:
https://www.nytimes.com/2022/04/02/opinion/putin-ukraine-russia.html
But externally imposed sanctions, economic warfare, often end up strengthening the internal power of the targeted regime. In the short run, they supply an external scapegoat, an obvious enemy to blame for hardship instead of your own leaders. In the long run, the academic literature suggests, they may make states more repressive, less likely to democratize.
 
Acknowledging the Limits of Sanctions
https://www.nytimes.com/2022/04/22/opinion/sanctions-russia-ukraine-war.html
 
Germany’s economy is expected to contract under a Russian gas embargo.
https://www.nytimes.com/2022/04/22/business/germany-economy-russian-gas.html
The country’s central bank warned that an abrupt end of gas imports from Russia could cause Germany’s economic output to plunge and inflation to jump.