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Simon Johnson

What Simon Johnson thinks about Russia

@simon-johnson · 5 positions · On ppll ↗

Economist; Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, former chief economist of the International Monetary Fund, and co-author of 13 Bankers and Power and Progress.

Simon Johnson did not write this page.

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Only Simon Johnson on Russia. See everyone on Russia

4 dated positions, 2022, in their own words. Our reading of what Simon Johnson has said — not written or endorsed by them.

4 positions so far — this page is not yet offered to search engines.

  1. Our readingA price cap on Russian oil can reduce Russian oil revenue even with limited compliance, by strengthening buyers' bargaining position.

    Their wordsAnd the cap stands a good chance of lowering Russian revenue even if formal participation is limited - by strengthening the negotiating position for anyone willing to buy Russian oil.

    ↗Letter to Treasury Secretary Janet Yellen: In Support of a Price Cap on Russian Oil Exportsbaselinescenario.com 2nd of 2 in this piece

  2. 7 months earlier

  3. Our readingSanctions on Russian energy exports have failed to meaningfully reduce Russian energy revenue or financial capacity.

    energywar

    Their wordsSanctions imposed in response to Russia's invasion of Ukraine are not degrading Russian energy production capacity or putting enough pressure on Russian financial markets.

    ↗Imposing Sanctions on Russian Energy Exportsbaselinescenario.com 1st of 3 in this piece

  5. Our readingThe only effective way to pressure a government's public finances through sanctions is to sharply cut purchases of its key exports, such as oil and gas.

    energygovernment

    Their wordsThe only way to put real pressure on Russian public finances is to buy a lot less oil and gas from Russia.

    ↗Imposing Sanctions on Russian Energy Exportsbaselinescenario.com 2nd of 3 in this piece

  7. Our readingReducing purchases of Russian gas is essential to global security and regional stability.

    Their wordsReducing gas purchases from Russia is essential for global security and any resumption of regional stability.

    ↗Imposing Sanctions on Russian Energy Exportsbaselinescenario.com 3rd of 3 in this piece