Ukraine War: Whether Western Sanctions on Russia Are Working Is Only Part of the Question

The war in Ukraine is geographically limited, but its economic effects are akin to World War III. The war and the sanctions that swiftly followed have caused inflation, supply chain disruptions and other economic burdens across the world. However, painful as it is on everyone, this is the price we must pay to restore global order.

This article originally appeared in South China Morning Post.