The Washington PostThe Washington Post

Putin says Russia's economy beat expectations. Did sanctions fail?

By Adam Taylor

18 Jan 2023 · 4 min read

Editor's Note

Efforts by Russia's enemies to cut its economy off from the rest of the world have largely failed. That doesn't necessarily imply that the sanctions were ineffective, according to the Washington Post.

As the global glitterati schmoozes in Davos, Switzerland, there is one country whose absence is notable, if not a surprise. Russian officials are effectively persona non grata at the World Economic Forum in the Swiss mountain town, while Ukrainian figures like first lady Olena Zelenska speak to packed houses.

The symbolism is clear. Russia's invasion of Ukraine almost 11 months ago made President Vladimir Putin and his allies toxic to this global elite. Russia has been showered with sanctions and export controls that seek to cut them off from the global economy, using a kind of systematic might to hinder the Kremlin's war efforts and punish Putin's allies.

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