Write a Short argumentative essay based on the readings;
Jeffrey A. Sonnenfeld et al., “Business Retreats and Sanctions Are Crippling the Russian Economy,” Yale School of Management Chief Executive Leadership Institute, Aug. 2, 2022, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193
Business Retreats and Sanctions Are Crippling
The findings presented in this research highlight just how damaging economic sanctions can be when implemented without consideration for their long-term consequences or broader implications for a nation’s financial wellbeing. It is essential that policymakers take into account both short-term objectives such as ensuring compliance with global standards, as well potential longer term ramifications for those affected by such measures before applying any form of punishment or restriction on any given nation or its citizens. Ultimately, it is clear that if appropriate steps are not taken soon then further weakening of Russia’s already fragile economy will occur due to continued reliance on punitive measures as solutions rather than looking towards sustainable alternatives that offer greater benefits over time to all parties involved including citizens living within sanctioned countries themselves