Why sanctions against Russia just won’t work

The European Union are thinking of imposing sanctions on the Russian Federation as a response to Russia’s activities in Georgia. It is a curious idea, because it seems to me that the EU has more to lose if there were economic sanctions than does Russia.

There are always two sides to every story, and the Russian activity in Georgia is not a clear cut well defined issue. Even if it were, the purpose of sanctions would be to impose economic hardship on Russia as a means of bring them into line with what the European Union thinks they should do. Continue reading