Interdependence and new approaches to conflict resolution

During the last two or three days, there have been gigantic amounts of financial resources that have been transferred between countries as well as many selling operations in the stock markets. Financial assets owned by Russian entities have been moved out of American and European banks and transferred to what they consider to be safer havens. In addition, EU banks and funds have taken way from Russia many of their financial investments. There is a move away from the Russian currency, the rouble.

All this is precautionary. But it sends a very strong message, including to Vladimir Putin, that today´s economic and financial interdependence does require a different approach to conflict between major states. Diplomacy and compromise are more in line with today´s interests.