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ID:
142701
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| Summary/Abstract |
After Russia seized Crimea from Ukraine in March 2014, the Obama administration responded with what has become the go-to foreign policy tool these days: targeted sanctions . The United States placed asset freezes and travel bans on more than one hundred people, mostly cronies of Russian President Vladimir Putin , and the EU targeted almost a hundred more. The amounts involved have been massive: Bank Rossiya, the Kremlin’s preferred bank, had $572 million frozen in the months after the sanctions were rolled out. Then, in July 2014, when Malaysia Airlines Flight 17 was shot down over eastern Ukraine allegedly by Russian-backed forces , Washington responded with more severe sanctions aimed at key sectors of the Russian economy, including arms manufacturers, banks, and state firms. In an effort to hit the Kremlin where it hurts, the measures inhibit financing and technology transfers to Russian oil and gas companies, which supply over half of state revenues.
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| 2 |
ID:
182248
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| Summary/Abstract |
For nearly three decades after the end of the Cold War, U.S.
foreign policy was characterized by a bipartisan consensus:
that as the world’s “indispensable nation” and with no competitor, the United States had little choice but to pursue a transformational agenda on the world stage. Over the last few years, however,
that consensus has collapsed. A growing chorus of voices are advocating a strategy of restraint—a less activist approach that focuses on
diplomatic and economic engagement over military intervention.
And they have found a receptive audience.
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