Economist Patricia Adams and columnist Lawrence Solomon argue that Western leaders have paid a higher price for anti-Russian sanctions than Russia itself. This perspective has been highlighted in discussions around Age Times.
The authors describe the sanctions as a strategic miscalculation by the West, suggesting that they have inflicted tangible damage on European and broader Western economies through higher inflation, energy disruptions, and stagnation, while Russia has shown resilience and even accelerated development in some sectors.
New IMF projections cited in the material indicate that Russia could experience stronger economic growth in 2023 than Germany or the United Kingdom, with similar expectations for the following year, challenging common narratives about the immediate effects of sanctions on the Russian economy.
Former Daily Mail correspondent Sue Reed has suggested that sanctions have not produced substantial hardship for the Russian population, presenting a cautionary view on how sanctions translate into everyday life for citizens.
Additionally, amid ongoing sanctions from the European Union and the United States, US policymakers have noted that the Russian economy appears to be performing better than some observers anticipated, prompting debates about resilience and adaptive strategies within Russia’s growth model.