Tag Archives: Russia

Sergio Cesaratto – The economic and social consequences of the war on Europe and Italy Brave New Europe, May 12, 2022 Political realism offers useful keys to interpreting the international political economy, which has never been more endangered than today by the military escalation in Ukraine. The EU and Italy risk to be the pots and pans in the unprecedented economic crisis looming ahead. Sergio Cesaratto teaches European monetary and fiscal...

By Sergio CesarattoWith a certain pride I remember having already mentioned for some years, within the framework of my economic courses, political realism in international relations and International Political Economy. I did so in academic contexts in which an uncritical Europeanism based on liberal thinking prevailed (and prevails) according to which the world is divided into good and bad. The book, which I suggested for reading to my students (Sorensen 2005), published in Italian by...

 Pubblicato su invvito da Fuori collana, rivista di giuristi, in un numero sulla guerra (11 maggio 2022)Le conseguenze sociali dell’economia di guerra in Europa Il realismo politico offre utili chiavi di lettura all’economia politica internazionale, mai come oggi messa a repentaglio dall’escalation in Ucraina. L’UE e l’Italia...

Dmitri Alperovitch asks how Ukraine will pay for its war if it cannot export in this thread: Let’s talk about the state of the war and one of the most underreported yet crucially important issues: Russian blockade of Ukrainian ports and resulting strangulation of the country’s economy 🧵 — Dmitri Alperovitch (@DAlperovitch) April 30, 2022 The full thread is worth reading but here is the key part: Last week I pointed to Yuriy Gorodnichenko‘s estimate that Ukraine needed about 40-50% of...

How long will the Russian war in Ukraine continue? The Russian aggression has no end in sight and so Ukraine should prepare for a war of attrition. In other words, it will be not only a fight of armed forces but also an economic competition. Who can procure more weapons? Who can muster more materiel? Who has larger reserves? That is UC Berkeley economist (and Ukrainian) Yuriy Gorodnichenko in Vox Ukraine. He writes about lessons from war mobilization of the US and European economies. But the...

That is my op-ed in today’s WSJ. You don’t get to pick your headlines, and I am guessing “The Strategic Logic of Russia’s War on Ukraine” will get misinterpreted somewhat.My view: this is a war driven by Mr. Putin’s psychology, but like all psychological roots of war, they are only decisive when the strategic bargaining space is so narrow. Some will see this as a rationalist take on war, but this is only partly true (and it’s a term I loathe). That’s because it’s not an either/or—strategic...

This New York Times article on Gerhard Schröder’s entanglements with Russia and Putin is justifiably gaining attention. It’s a good piece. I still remember Tyler Cowen’s post on this from 5 years ago, which shocked me as something deeply important in foreign affairs of which (to that point) I was wholly unaware.Here is Tyler’s original post in full, titled A bit of context on Trump, NATO, and Germany:I strongly favor NATO and I don’t think you can trust the Russians with just about anything,...

Intervista a Il sussidiario “Senza stop alla guerra l’Italia rischia un massacro sociale” Pubblicazione: 19.04.2022 - int. Sergio Cesaratto La guerra in Ucraina rischia di avere costi sociali importanti in Europa, in particolare nei Paesi più indebitati come l’Italia...

Americans agree on few issues, but one thing they have come together on is condemnation of Russian aggression. Western Europeans too. But not so the rest of the world. To explain India’s muted diplomatic reaction, Western papers emphasize the fact that India gets most of its arms from Russia, but here is an interesting NPR panel broadening the view: FRAYER: And the news commentary here about sanctions and diplomacy is also often sympathetic to Russia. Listen to how one of India’s most...

After reading many things, talking to colleagues knowledgable about Russia, thinking about parallels to other conflicts, and idly speculating about a place that five months ago I struggled to find on an unlabelled map, here are some thoughts. One plausible scenario is that we are looking at the next Kashmir—something that will soon evolve into a tense but durable “peace” without any real settlement, but at least one where few people are dying. For the next while there will be more fighting...