Russia's invasion of Ukraine and resulting sanctions have substantially hurt Russia's economic relations with developed … economies. Countries imposing sanctions on Russia accounted for half of Russia's foreign trade and over half of foreign … financial flows before the war. We analyse the development of Russia's trade and financial relations in recent months and find …

This policy brief frames the discussion of sanctions imposed on Russia since the invasion of Ukraine in a wider … sanctions in Russia and other countries. Our analysis suggests that the general economic effects of the war and sanctions on … Russia are neither unprecedented nor insignificant in comparison to previous sanction episodes. The literature also suggests …