The EU, US and several other countries have responded with a wide range of new economic sanctions on Russia in response to the military attack on Ukraine. These sanctions include various restrictive measures on trade with Russia. In this brief, we examine the potential short-term effects of...

Since the beginning of the Russo-Ukrainian war, Western countries have implemented one of the most extensive sanction packages in history against Russia. This paper employs the Multi-region Input-Output model to assess which sectors of the Russian economy are most likely to experience economic...

Annual input-output (IO) accounts of the Russian economy for the period of 1995–2003 were constructed based on classifications used in Soviet times. The transition of Russian statistics to the use of classifications that are harmonized with the statistical Classification of Economic Activities...

Many of the states of the former Soviet Union have experienced a dramatic collapse of output during transition, which has not yet been reversed in a sustainable way. The economics of disorganization, proposed by Blanchard (1997) and tested empirically by Blanchard and Kremer (1997), reasons that...