History of sanctions and their effects. He doesn't think much of them.
Project Syndicate
Do Economic Sanctions Work?
Kenneth Rogoff | Professor of Economics and Public Policy at Harvard University, recipient of the 2011 Deutsche Bank Prize in Financial Economics, nnd the chief economist of the International Monetary Fund from 2001 to 2003
1 comment:
The President would disagree with Rogoff here:
http://www.cnn.com/2014/12/21/politics/obama-putin-outmaneuvering/
"There was a spate of stories about how he is the chess master and outmaneuvering the West and outmaneuvering Mr. Obama and this and that and the other. And right now, he's presiding over the collapse of his currency, a major financial crisis and a huge economic contraction," Obama said. "That doesn't sound like somebody who has rolled me or the United States of America."
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