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The Interview

Sergei Guriev: Is Moscow outmanoeuvring the West's sanctions?

The Interview

BBC

News, Politics, Government

4.3537 Ratings

🗓️ 12 April 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

What will it take to end the war Vladimir Putin has initiated in Ukraine? In military terms, Russia now seems intent on a grim campaign of attrition in the east and south - a strategy which is already taking a terrible human toll. Could economic isolation inflict enough pain to force the Kremlin to reconsider? Stephen Sackur speaks to the exiled Russian economist Sergei Guriev. Is Moscow outmanoeuvring the west when it comes to sanctions?

Transcript

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0:00.0

Welcome to Hard Talk on the BBC World Service with me, Stephen Sacker.

0:04.3

My guest today is widely respected as one of Russia's top economists.

0:09.3

Actually, that should be couched in the past tense as far as his own country is concerned,

0:14.4

because Sergei Gurir, formerly rector of Moscow's new economic school and advisor to former President Dmitri Medvedev is now regarded

0:24.0

as a traitor by Vladimir Putin and the Kremlin propaganda machine. The reason, Gureev decided to back

0:31.4

the anti-corruption anti-Putin political movement led by Alexei Navalny. By 2013, Guriev's position in Moscow had become

0:40.9

so uncomfortable he relocated to Paris and is now a professor of economics at the renowned

0:46.1

Science Poe University. And from there, he's been a consistent critic of President Putin.

0:52.7

And since Russia's invasion of Ukraine, he's been a leading advocate

0:55.8

of drastic measures to inflict maximum economic pain on the Kremlin's war machine. He argues that

1:02.7

represents the best chance of bringing an early end to the Ukraine war and containing the damage done,

1:08.6

not just to Ukraine, but to the European and global economies as well.

1:12.6

But is that more wishful thinking than reality?

1:15.9

After all, the sanctions imposed thus far by the West appear to have had little impact on Putin's ability

1:21.7

or willingness to double down on his Ukraine military gamble.

1:25.7

Has Sergei Guryev misread the situation inside his own country?

1:31.6

Well, he joins me now on the line from Paris. Welcome to Hard Talk. Thank you very much,

1:36.6

Stephen, for inviting me. It's a pleasure to have you on the show. And if I may, I'm going to

1:39.7

start with some of your very own words, because recently you wrote, the only way to stop Putin is to

1:45.8

deprive him of the financial resources to continue this war. That's wishful thinking, isn't it?

1:52.5

After six weeks, we can pretty much say that's not going to happen. Well, that depends on the

1:57.1

resolve of the West, and so far the unity and resolve of the West has been unprecedented.

...

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