Will Sanctions Go Nuclear?

Executive Director Alexandra Vacroux spoke with The Indicator from Planet Money about what a total ban from the SWIFT bank messaging system would mean for Russia’s economy.

As tensions rise along the Russian-Ukrainian border, the threat of economic sanctions looms large as the United States and its allies seek to deter a Russian invasion through nonmilitary means. 

What's in play right now is more extreme sanctions and the use of the so-called nuclear option, which would be cutting Russia off of the SWIFT messaging system.

Alexandra Vacroux

Executive Director, Davis Center

Alexandra Vacroux is the Davis Center's executive director, overseeing graduate studies and other initiatives while doing scholarly work on various policy issues.