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product groups from Russia. The European Union may follow suit and enact sanctions on Russia that mirror the U.S. sanctions in … they would inflict on Russia welfare losses of at least $575 million per year – at an overall cost of $82 million to EU … particularly large welfare losses to Russia and/or high welfare gains to the EU. On the other hand, mirror sanctions would bring …
Persistent link: https://www.econbiz.de/10014078415
How much do financial sanctions harm the sanctioned economy? We appeal to the case of Russia which provides a valid …) approach based on daily changes in the yield-to-maturity of Russia's US Dollar-denominated sovereign bonds. We provide a … microeconomic foundation for the sign restriction approach by exploiting the syndicated loan deals in Russia. Our HFI …
Persistent link: https://www.econbiz.de/10014078568
Turkey's economy is closely linked to Russia's. Economic and trade relations are the driving force of Russian …-Turkish relations. These relations include Turkish companies operating in Russia, large sums that Russian tourists spend at Turkish …-missile systems. Despite close economic cooperation with Russia, Turkey is simultaneously looking for ways to eliminate dependence on …
Persistent link: https://www.econbiz.de/10014079780
While broad economic sanctions have long been used as instruments of foreign policy, targeted sanctions focusing on specific individuals, entities, and transactions are relatively new and less understood. We present a model of firm performance under sanctions where the target government may be...
Persistent link: https://www.econbiz.de/10014033929
Since the annexation of Crimea in 2014, Russia has been under an EU sanctions regime. While these sanctions have not … Russia’s ability to wage war. This paper demonstrates the effectiveness of the sanctions and argues that the EU should …
Persistent link: https://www.econbiz.de/10014025903
The crime of aggression committed against Ukraine by the Russian Federation, assisted by Belarus, in February 2022, has highlighted some of the limitations of the current model of sanctions. International law allows a wider scope for sanctions than has been put in place to date by the EU and...
Persistent link: https://www.econbiz.de/10013296263
purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned … panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia …
Persistent link: https://www.econbiz.de/10013440047
purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned … panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia …
Persistent link: https://www.econbiz.de/10013440377
hegemonic order theory, we provide tentative, yet comprehensive, insights into Russia’s military incursion. We further discuss … that the United States (US) is likely to be an important resource player that will, to a certain extent, side-line Russia …'s gas exports to Europe. Also, countries that primarily trade with Russia and which have refrained from imposing sanctions …
Persistent link: https://www.econbiz.de/10013448091
-controlled banks were not all equally recognized as potential sanction targets …
Persistent link: https://www.econbiz.de/10013404838