Economic sanctions are a frequent instrument of foreign policy. In a diplomatic conflict, they aim to elicit a change … in the policies of foreign governments by damaging their economy. However, sanctions are not costless for the sending …. We first gauge the impact of the sanctions’ regime using a structural gravity framework and quantify the trade losses in …

Union as a countermeasure to sanctions introduced by the EU and several other countries after Russia's actions in Ukraine … and the annexation of Crimea. This paper assesses the effect of Russia's counter-sanctions on the economies of the Baltic … problems in international trade data due to re-exports. The amount of trade affected by Russia's counter-sanctions varies …