Project Syndicate
February 26, 2022
HKS Authors
See citation below for complete author information.
Rafik Hariri Professor of the Practice of International Political Economy
Abstract
Current demand and supply dynamics mean that a punitive tax on Russian oil would be both onerous for Russia and profitable for the rest of the world, making it more credible and sustainable than an embargo. The idea deserves considerably more attention than it has received.
Citation
Hausmann, Ricardo. "The Case for a Punitive Tax on Russian Oil." Project Syndicate. February 26, 2022.