La guerre revisite la politique des sanctions économiques

Solène Benhaddou and Manon Provansal

Revue d'économie financière, 2022, vol. N° 147, issue 3, 49-56

Abstract: Codified in international law after World War I, sanctions appear today as the only possible reaction to the offensive launched by Vladimir Putin against Ukraine on February 24, 2022. This battery of economic, financial, and diplomatic sanctions was imposed by the United States and the European Union with a double objective: to sanction the Russian regime and to weaken its ability to finance the war. The speed and scale of these sanctions renew the traditional approach to this economic and political tool. Another new fact: the size of the Russian economy in a context of economic interconnection. The 27 in the first place, but also some third countries, are suffering the consequences of these sanctions, particularly regarding access to oil and raw materials. Despite these sanctions, the Russian regime is resilient, and the war continues. Classification JEL : F50, F51, F59.

JEL-codes: F50 F51 F59 (search for similar items in EconPapers)
Date: 2022
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