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This paper explores the role of restrictions on the use of international reserves as economic sanctions. We develop a simple model of the strategic game between a sanctioning (creditor) country and a sanctioned (debtor) country. We show how the sanctioning country should impose restrictions...
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A close reading of Russia’s nuclear statements and actions during the first seven months of its war against Ukraine … prevent foreign military intervention; a more modest and rather unsuccessful attempt at dissuading foreign aid to Ukraine and … sanctions against Russia; and incremental nuclear coercion against Kyiv that spurred Western deterrence messaging in response …
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Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences …. Only 37% think that leaving Russia is a purely business decision. If a firm does not conform with these desires, 66% of the …
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The Cuban embargo is often cited abroad as a prime example of a U.S. unilateral economic sanctions program that has clearly failed to achieve its stated aims, and is now maintained purely for domestic political purposes. Since the tragic events of 9/11, the world has changed. The tools that once...
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