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Better Sanctions on Russia are Needed

While the EU-US-led financial and trade measures initially seemed impressive, they failed to have the crippling economic effect that the West was hoping for. To leverage the full potential of sanctions, participants must overcome their coordination problems and impose targeted export embargoes.

CAMBRIDGE – The legendary Prussian field marshal Helmuth von Moltke the Elder famously remarked that no battle plan survives first contact with the enemy. The implication was that commanders who win wars are not necessarily those with the best initial plans, but those who quickly adapt to new information and to conditions on the ground.