We address the issue of social distribution of an aggregate risk (on agricultural export price), from a macroeconomic perspective. Individual incomes in representative social groups are computed as a function of export prices, which are assumed to be stochastic, using an applied general...

The literature on economic sanctions has long studied sender countries’ policymaking as a simple choice between imposing sanctions to extract concessions from the targeted country and doing nothing. We depart from this simplifying assumption and analyze sanctions as a multifaceted foreign...

Cooperation and trust between Russia and the European Union (EU), two of the most important international actors, have reached the lowest level since the Cold War. The main bone of contention has been the future of countries situated in Eastern Europe, in the so-called...

The present approach studies the probability of the decomposition of the current international geopolitical system in the context of the EU’s socio-economical and political stagnation. We do not intend to say that European Union represents the determinant factor for the system’s...

In its war of attrition against Ukraine, the Kremlin is counting on outnumbering the enemy over a long period in terms of both hardware and personnel. Following the unpopular partial mobilisation in autumn 2022, the recruitment of contract soldiers and volunteer fighters was stepped up...

President Vladimir Putin escalated Russia's war on Ukraine in September 2022, announcing a partial mobilisation and repeating his threat to use nuclear weapons. But what really ended efforts to bring about peace - which had continued since the 24 February invasion - was the proclaimed annexation...

Western actors have long dominated the political processes and discourses that shape global norms impacting interstate behaviour. Yet, more recently, powerful autocratic regimes such as China and Russia have seemingly challenged democracies, emerging as potential contesters of international...