Viewpoint by Jeffrey D. Sachs
This article was published in The Economist and is being republished with the author's permission.
NEW YORK (IDN) — Neither Russia nor Ukraine is likely to achieve a decisive military victory in their ongoing war: both sides have considerable room for deadly escalation. Ukraine and its Western allies have little chance of ousting Russia from Crimea and the Donbas region, while Russia has little chance of forcing Ukraine to surrender. As Joe Biden noted in October 2022, the spiral of escalation marks the first direct threat of “nuclear Armageddon” since the Cuban missile crisis 60 years ago.