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Russian Assets: Your Money or Your Life?

As Western democracies apparently struggle to find internal resources to help Ukraine defeat Russian aggression, a mountain of Russian assets sits frozen in various locations

Assessing the Impact of International Sanctions on Russian Oil Exports

We use a unique high-frequency Russian customs data to evaluate the impact of international sanctions on Russia. We focus on Russian crude oil and oil products exports, as they are the key sources of export revenues and government finances. We find that Russia was able to redirect crude oil exports from Europe to alternative markets such as India, China, and Turkey with no loss of volumes. In particular, we find that Russian oil exports from Pacific Ocean ports, which are critical for trade with China, do not comply with the G7 price cap.

By Tania Babina, Benjamin Hilgenstock, Oleg Itskhoki, Maxim Mironov, and Elina Ribakova

What about the economy?

To rebuild Ukraine after the war as soon as possible, one needs to сonsider key areas and approaches to reconstruction already now.

Financing Ukraine’s victory

There is a risk that Ukraine’s war effort may be undermined by inadequate external support, leading to excessive reliance on monetary financing, which would drive

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