Are the Economic Sanctions against Russia Effective?

Konstantin Kholodilin (), Dirk Ulbricht and Georg Wagner

No 28, DIW Roundup: Politik im Fokus from DIW Berlin, German Institute for Economic Research

Abstract: The introduced sanctions against Russia, which at the moment are on a level of travel bans and asset freezes against a limited group of individuals and firms, are unlikely to trigger a profound change in Russian foreign policy. This can primarily be attributed to the fact that the economic impact of the sanctions is rather low. However, the current political tensions have had an impact on financial and non-financial indicators, including a possibly persistent effect on government bond yields.

Pages: 10 p.
Date: 2014
New Economics Papers: this item is included in nep-cis and nep-tra
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Citations: View citations in EconPapers (8)

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