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Economic Aspects of the Russia Conflict: Causes, Costs, Options

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  • Gabriel Felbermayr
  • Erdal Yalcin
  • Philipp Grübener

Abstract

It is unlikely that a de-escalation of the situation in Eastern Ukraine can be achieved by sanctions against Russia. However, sanctions do function as an important political signal. In contrast to short-term crisis policy, however, it is important in the long-term to consider how Russia, which is losing economic importance, can be more closely integrated into the international community.

Suggested Citation

  • Gabriel Felbermayr & Erdal Yalcin & Philipp Grübener, 2014. "Economic Aspects of the Russia Conflict: Causes, Costs, Options," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(14), pages 35-43, July.
  • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:14:p:35-43
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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