TY - BOOK AU - SIEGEL David TI - From Oligarchs to Oligarchy: the failure of U.S. sanctions on Russia and its implications for theories of informal politics PY - 2022/// KW - INFORMAL POLITICS KW - OLIGARCHY KW - RUSSIAN FOREIGN POLICY KW - U.S.-RUSSIAN RELATIONS KW - SANCTIONS KW - UNITED STATES KW - POLICY THEORY N2 - Drawing heavily on theories about Russia's informal politics, American sanctions were designed to change Russian foreign policy by exploiting political conflict among oligarchs and the state elite; however, after nearly eight years of sanctions, Russian elites seem more united than ever. I propose that Russia's oligarchs-the ruthless self-interested economic elite in Russia's informal political system-might sometimes act as a cohesive oligarchy, particularly when their wealth is threatened from external rather than domestic sources, as has been the case under Western sanctions. Through an in-depth case study on the design and outcome of sanctions, this article seeks to develop a more dynamic theory of Russia's informal politics and explain the apparent cohesion among state and economic elites since 2014 as the result of a politics of wealth defense induced by Western sanctions UR - https://journals.sagepub.com/doi/10.1177/00438200221094588 ER -