Chowdhry, Sonali; Hinz, Julian; Wanner, Joschka; Kamin, … - In: DIW weekly report : economy, politics, science : a … 14 (2024) 8, pp. 65-72
Countries increasingly form alliances to collectively impose sanctions. However, the resulting impact of such coordination remains unclear. Analyzing the 2014 wave of sanctions against Russia over 400,000 simulations with a quantitative trade model, this report demonstrates that multilateral...