Sanctions Russia Research Library
Evidence Base
Explore academic research, policy papers, and analytical evidence on sanctions against Russia, their implementation, enforcement, and impact.
2024
The (In)effectiveness of Sanctions: An Attempt at Evaluating the Effectiveness of the Sanction Policy Against Russia
The paper seeks to evaluate the effectiveness of sanctions imposed by the European Union, the United States, and…
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2024
The Impact of the Russia–Ukraine War on Volatility Spillovers
The paper explores the impact on volatility spillovers across various financial markets (stock, currency, commodity, energy markets). Both the…
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2024
The Effects of Sanctions on Russian Banks in TARGET2 Transactions Data
The paper explores the effects of financial sanctions on Russian banks looking at individual-account cross-border transactions. Findings indicate…
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2023
Economic Sanctions: Evolution, Consequences, and Challenges
The authors describe the 2022 sanctions against Russia, triggered by the invasion of Ukraine, as notably broad and…
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2023
Financial market information flows when counteracting rogue states: The indirect effects of targeted sanction packages
The financial sanctions imposed on Russia in response to its invasion of Ukraine not only targeted the country’s…
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2023
Sanctions on Russia’s central bank
Sanctions on Russia’s central bank were among the most aggressive financial measures imposed following the invasion of Ukraine,…
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2023
Revisiting the effectiveness of economic sanctions in the context of Russia’s invasion of Ukraine
The paper explores the effectiveness of economic sanctions imposed on Russia in response to its invasion of Ukraine,…
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2023
Lessons in Sanctions-Proofing from Russia
Adapting to sanctions has become a defining feature of Russia’s economic strategy over the past decade. Since the…
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2023
Economic sanctions against Russia: How effective? How durable?
The author observes that sanctions on Russia have multiple aims: to deter aggression, punish military offenses, and impede…
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2023
Toughening Financial Sanctions on Russia
Intereconomics, 2023 The paper discusses Russia’s accumulation of foreign assets, referred to as “shadow reserves,” which have been…
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2023
Russia-Ukraine conflict: The effect on European banks’ stock market returns
The paper explores the impact of the Russia-Ukraine conflict and associated sanctions on the stock returns of European…
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2023
Weaponisation of finance: the role of European central banks and financial sanctions against Russia
The role of European central banks in enforcing financial sanctions against Russia has sparked debate over their independence…
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