This brief aims to contribute to the ongoing discussion on the use of sanctions as a coercive tool of international policymaking, focusing on the economic effects of the sanctions on the Russian Federation ('Russia') following its invasion of Ukraine. Using computable general equilibrium...

Starving a nation of resources has a long history in foreign policy, from ancient sieges of cities to modern economic sanctions. Sanctions can take the form of a unilateral or multilateral trade embargo, or targeted trade and financial sanctions by a coordinated group of countries that cut off...