Global Business
With ‘Zero Visibility’ into the Russian Economy, the IMF is Parroting Putin’s Line
Rather than admitting ignorance, write Yale’s Jeffrey Sonnenfeld, Stephen Roach, and Steven Tian, the IMF is accepting the Kremlin’s statistics—and fueling pessimism about the impact of sanctions.
A Year after the Invasion, the Russian Economy Is Self-Immolating
Economic pressure and a talent drain are pushing Russia into permanent irrelevance, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian.
The U.S. Has Thwarted Putin’s Energy Blackmail
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that the Biden administration’s balanced approach has helped Europe maintain its natural gas supply while protecting U.S. interests.
What’s the Future for Western Businesses in Xi’s China?
We asked Stephen Roach, a senior fellow at Yale Law School’s Paul Tsai China Center, what another five years of Xi Jinping’s leadership means for China’s economic policies and the environment for Western businesses there.
Saudi Arabia’s Sabotage of the Economy Will Backfire
With its surprise cut in oil production, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian and Congressman Ro Khanna LAW ’01, Saudi Arabia has chosen to side with the Russian war machine.
What’s the Right Price for Russia’s Oil?
Negotiation expert Prof. Barry Nalebuff argues that setting the price cap either too high or too low could lead to failure and defeat the effort to make Putin pay for his aggression.
Loopholes Persist in the Dragnet around Russia’s Economy
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, who have been tracking companies’ disengagement from Russia, write that Asian airlines, European aviation giants, and sanctions evaders are gaming the system and gaining an advantage over their American competitors.
The Myth of Putin as World Energy Czar Is Running Out of Gas
Media commentary suggests that Russia is using its energy resources to hold the rest of the world hostage. To the contrary, write Yale SOM’s Jeffrey Sonnenfeld and Steven Tian, Russia’s actions have devastated its own economy and undermined its status as an energy exporter.
Multinationals Can Have a Positive Local Impact—If They Face Enough Competition for Labor
The United Fruit Company had a reputation for manipulating governments and exploiting workers in Latin America. But Yale SOM’s Diana Van Patten found that in some areas, competition for workers led it to invest in local infrastructure, with long-lasting positive impacts.
Businesses Staying in Russia Are Underperforming the Market
A new analysis from Prof. Jeffrey Sonnenfeld and his team suggests that the firms cutting ties with Russia are seeing markedly better shareholder returns.
Some of the Biggest Brands Are Leaving Russia. Others Just Can’t Quit Putin.
Since the invasion of Ukraine, Prof. Jeffrey Sonnenfeld and his team have been tracking which companies have withdrawn from Russia, which are making partial moves, and which are staying put.
