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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 …
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Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences …
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