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Russian invasion of Ukraine

What Are Sanctions?

Sanctions are essentially restrictions on economic flows and have been used as a tool of war and diplomacy for centuries. Mikael Wigell, Research Director at the Finnish Institute of International Affairs, explains what sanctions are and how they work, including their various stages, types, and aftereffects on global economies.

Topics:
Geo-Economics and PoliticsTrade and InvestmentSupply Chains and TransportationEconomic Growth
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More in this series:

1:29
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The Global Economic Cost Of Russia's War In Ukraine

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Isabela Bartczak

December 3, 2025

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