Results

Blog

Project Syndicate:

What to do about Ukraine's brain drain

Russia's invasion of Ukraine in February 2022 fuelled migration on a scale unseen since World War II, leaving 15 per cent of the population residing outside the country to this day. When Ukraine eventually gets the chanc...Read more...

Blog

Vox EU:

Rebuilding cities in Ukraine

Presuming that Ukraine successfully reclaims most or all of its lost territories from Russian occupation, there will be a political drive to bring refugees back to their hometowns and to rebuild destroyed cities. This co...Read more...

Blog

Economics Observatory:

How has the Russian invasion of Ukraine affected global financial markets?

As Russia's war against Ukraine continues to unfold, its global economic impact remains uncertain. Evidence from the stock market indicates that firms with strong trade or ownership ties to Russia are more likely to face...Read more...

Blog

Economics Observatory:

What is the current state of the Russian economy under sanctions?

Economic sanctions have done considerable damage to Russia's economy. The country's economic situation will improve slowly as supply chains are re-oriented towards other markets, especially in Asia. But perseverance with...Read more...

Blog

Economics Observatory:

How have the forecasts on the effect of sanctions on Russia held up a year on?

Commentators were over-optimistic in believing that sanctions would immediately cause a large fall in economic activity in Russia and thereby halt the aggression against Ukraine. But despite the revised forecasts and out...Read more...

Blog

LSE Business Review:

Why it's so difficult for companies to leave Russia

After the start of Russia's war on Ukraine, many multinational companies have announced their intention to leave Russia. Despite the pressure from numerous stakeholders, including Western governments, few companies have ...Read more...

Blog

Vox EU:

Flight from Russia

In addition to the human tragedy in Ukraine, Russia's invasion has led to a series of economic, social, and political events in Russia itself. This column uses outgoing flight prices before and after the invasion on 24 F...Read more...

CEP discussion paper

The indirect effect of the Russian-Ukrainian war through international linkages: early evidence from the stock market

This paper investigates how firms' international linkages to Russia and Ukraine affected investors' expectations following the escalation of the Russian-Ukrainian war. For this, we perform an event study around the Russi...Read more...

Chapter

Accelerating urban economic growth in Ukraine

in Rebuilding Ukraine: Principles and policies

This book offers a comprehensive analysis of what Ukraine should become after the war and what tools policymakers can use to fulfill these goals. The leitmotif of this book is clear: reconstruction is not about rebuildin...Read more...

Blog

CEPR:

The labour market in Ukraine: Rebuild better

Giacomo Anastasia, Tito Boeri, Marianna Kudlyak and Oleksandr Zholud write about how the Ukrainian labour market can be rebuilt effectively in this chapter of 'Rebuilding Ukraine: Principles and policies', which offers a...Read more...

CEP discussion paper

Sanctions and misallocation. How sanctioned firms won and Russia lost

Using a unique natural experiment of staggered firm-level sanctions against Russia in 2014-2020 and the data on over 600,000 Russian firms, I estimate the effect of "smart" sanctions on targeted firms and on the aggregat...Read more...

Blog

Vox EU:

How US sanctions increased the economic activity of sanctioned Russian firms

Dzhamilya Nigmatulina assesses the impact of sanctions following the 2014 annexation of Crimea on Russian sanctioned firms. The capital, materials inputs, and revenue of sanctioned firms actually increased relative to no...Read more...

Blog

Vox EU:

The G7 plan for a price cap on Russian oil: Views of leading economists

To limit the funding of Russia's continued aggravation towards Ukraine and its subsequent impact on soaring energy prices, the G7 countries plan to impose a price cap on purchases of Russian oil and related products. Man...Read more...

Blog

LSE Business Review:

Imposing high tariffs on imported Russian gas: would it be effective?

As Russia's invasion of Ukraine continues and many call for a strengthening of sanctions, an alternative to a full energy embargo has been discussed in the form of European Union tariffs on imports of Russian gas. The In...Read more...

Blog

VoxEU:

The impact of the war in Ukraine on economic uncertainty

Economists review the effects of the war in Ukraine, identifying where and to what extent measures of economic uncertainty have increased....Read more...

Blog

Economics Observatory:

Sanctions on Russia: what are the ramifications of this new trade war?

Following the invasion of Ukraine, Western sanctions have targeted Russia's trade, companies, individuals and financial sector. The measures, which are far more wide-ranging than those following the annexation of Crimea ...Read more...

Blog

VoxEU:

Economic consequences of Russia's invasion of Ukraine: views of leading economists

Romesh Vaitilingam reports on the views of leading economists concerning the likely economic consequences of Russia's invasion of Ukraine and the responses by the international community....Read more...

Blog

LSE British Politics and Policy:

Sanctions and the targeting of 'elite' interests: the effectiveness of targeting in the case of Iran

The targeting of elite interests has been at the centre of recent sanctions policies, and will be a major strategic concern as the world responds to the Russian invasion of Ukraine. Mirko Draca, Jason Garred, and Nele Wa...Read more...

Journal article

Economic Geography:

Innovation in Russia: the territorial dimension

The debate on Russia?s innovation performance has paid little attention to the role of geography. This article addresses this gap by integrating an evolutionary dimension in an augmented regional knowledge production fun...Read more...

CEP discussion paper

Whence Reform? A Critique of the Stiglitz Perspective

This paper discusses the key hypotheses which Joseph Stiglitz proposed, in his wide-ranging critique of the 'Washington Consensus', with regard to transition reforms and economic polices in China and Russia. The primar...Read more...