By Margarita Lyutova. Abridged translation by Sam Breazeale, Meduza, 8/10/22

In late July, a team of researchers from Yale published a report titled “Business Retreats and Sanctions Are Crippling the Russian Economy.” Since Russia launched its full-scale invasion of Ukraine, the same team has maintained a list of international companies that have ceased operations in Russia in response to the war. The project is led by management and corporate responsibility expert Jeffrey Sonnenfeld, a professor at the Yale School of Management and the founder of Yale’s Chief Executive Leadership Institute. The report has been cited widely in recent weeks, but Sonnenfeld is neither an economist nor a Russia specialist, and experts have raised doubts about some of the report’s claims. Economic journalist Margarita Lyutova explains why the researchers’ conclusions might be worth taking with a grain of salt.

Meduza: A widely cited report predicting doom for the Russian economy has come under scrutiny from economists

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Business Retreats and Sanctions Are Crippling the Russian Economy