Bericht

Designing a rational sanctioning strategy

This policy note summarizes our assessment of financial sanctions against Russia. We see an increase in sanctions severity starting from (1) the widely discussed SWIFT exclusions, followed by (2) blocking of correspondent banking relationships with Russian banks, including the Central Bank, alongside secondary sanctions, and (3) a full blacklisting of the 'real' export-import flows underlying the financial transactions. We assess option (1) as being less impactful than often believed yet sending a strong signal of EU unity; option (2) as an effective way to isolate the Russian banking system, particularly if secondary sanctions are in place, to avoid workarounds. Option (3) represents possibly the most effective way to apply economic and financial pressure, interrupting trade relationships.

Sprache
Deutsch

Erschienen in
Series: SAFE Policy Letter ; No. 95

Klassifikation
Wirtschaft
Thema
SWIFT
Russian Sanctions

Ereignis
Geistige Schöpfung
(wer)
Angeloni, Ignazio
Daase, Christopher
Deitelhoff, Nicole
Goldmann, Matthias
Krahnen, Jan Pieter
Kroll, Stefan
Luft, Carl-Georg Christoph
Nölke, Andreas
Peez, Anton
Pelizzon, Loriana
Ereignis
Veröffentlichung
(wer)
Leibniz Institute for Financial Research SAFE
(wo)
Frankfurt a. M.
(wann)
2022

Handle
URN
urn:nbn:de:hebis:30:3-634755
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Angeloni, Ignazio
  • Daase, Christopher
  • Deitelhoff, Nicole
  • Goldmann, Matthias
  • Krahnen, Jan Pieter
  • Kroll, Stefan
  • Luft, Carl-Georg Christoph
  • Nölke, Andreas
  • Peez, Anton
  • Pelizzon, Loriana
  • Leibniz Institute for Financial Research SAFE

Entstanden

  • 2022

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