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The Economic Impact of Sanctions against Russia: Much ado about very little. CEPS Commentary, November 2015

Gros, Daniel. and Mustilli, Federica (2015) The Economic Impact of Sanctions against Russia: Much ado about very little. CEPS Commentary, November 2015. [Policy Paper]

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    Abstract

    The decision process leading to the imposition of sanctions against Russia in response to its annexation of Crimea and its subsequent military intervention in Eastern Ukraine has been very difficult for the EU, with some member states claiming that they have been particularly hard hit because exports to Russia are important to their economies. This commentary shows, however, that the economic cost in terms of lost exports, and thus potentially jobs, has in reality been negligible.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Russia
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 10 Nov 2015 13:31
    Number of Pages: 4
    Last Modified: 10 Nov 2015 13:33
    URI: http://aei.pitt.edu/id/eprint/69579

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