PolicyForeign Affairs & SecurityRussia-Ukraine warPrint articleOpinion‘Cartel of aggression’ trades on timidity and self-interestThe West has huge economic leverage over China and Russia. But fear of their own consumers prevents governments using it, write Simon Johnson and Oleg Ustenko.Simon Johnson and Oleg UstenkoApr 3, 2024 – 12.03pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginRussia’s invasion of Ukraine in February 2022 marked the start of a new geopolitical epoch.Following the end of the Cold War in 1991, it was widely agreed that European countries would no longer invade each other. Too many wars over too many centuries had shown that promoting trade and investment was a much better way to build and sustain prosperity.Loading...Project SyndicateSimon Johnson, a former chief economist at the International Monetary Fund, is a professor at MIT’s Sloan School of Management.Oleg Ustenko was an economic adviser to Ukrainian President Volodymyr Zelensky from May 2019 until March 2024.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreRussia-Ukraine warOpinionIran sanctionsRussiaVladimir PutinPutin's RussiaEnglandUkraineUSAChinaG7 summitJapanUKAdolf HitlerLatest In Foreign affairs & securityFetching latest articlesMost Viewed In PolicyThe Australian Financial Review MagazineWhat rowing taught this CEO about team workLauren SamsInside the homes of Australia’s most connected art collectors‘If Labor’s campaign is that I’m horrible, they’ll lose in a landslide’BOSS Financial ReviewBy the time he was 37 this exec was running IBM in AustraliaSally Patten and Lap PhanFour women who started businesses after the age of 45What happened when Domain learnt it spent $36m a year on meetingsLife & LeisureThere are travel chargers, and then there’s the PlugBug TravelJohn DavidsonThe designer reinventing bourgeois-chic interiors in EuropeIf you only have one day in Bar, Montenegro, do thisRich ListProperty billionaire Nick Andrianakos dies in GreeceYolanda RedrupCannon-Brookes describes ‘deep internal conflict’ over his private jetOscar Piastri on the secret of his $41m-a year success
