Can the side effects of sanctions and energy inflation trigger the disintegration of the international monetary regime?

Roberto Lampa () and Gianmarco Oro ()
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Roberto Lampa: University of Macerata, Italy
Gianmarco Oro: University of Macerata, Italy

PSL Quarterly Review, 2023, vol. 76, issue 306, 225-242

Abstract: This article aims to discuss the impact of the energy crisis exacerbated by the Russo-Ukrainian war on the general macroeconomic performance and income distribution of the Eurozone. We consider the restrictive monetary policies induced by the return of inflation, their declared and implicit objectives, and the contradictory consequences for the economic system. We analyse the impact of Western sanctions on the Russian economy, and discuss the long-term consequences of sanctions and political strategies on the de-dollarisation of global markets.

Keywords: euro crisis; inflationary processes; post-war economic development (search for similar items in EconPapers)
JEL-codes: E32 F44 F51 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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