In a , Sarah Kreps, the John L. Wetherill Professor of government, writes that the U.S. and NATO policymakers are navigating a tight balancing act as Russia continues its deadly onslaught in Ukraine.
鈥淭hey must signal their resolve to help Ukraine, deter additional Russian moves westward, and avoid a direct military confrontation with a nuclear power,鈥 with co-authors Richard Clark and Don Casler. 鈥淪everal critics have called for more military support, whether by establishing a no-fly zone or providing Ukraine with additional weaponry. However, there is another tool that the West has yet to take full advantage of鈥揳 non-military option that minimizes the risk of escalation but can have a tremendous role in sidelining Russia鈥檚 war machine: International financial institutions.鈥
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Photo by Taras Gren/Ministry of Defense of Ukraine. .
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