This study on enforcement procedures and sanctions in place in Member States for infringements and circumvention of the Regulation (EU) No. 1257/2013 of the European Parliament and of the Council of 20 November 2013 ("SRR" or "Regulation") on ship recycling aims at providing the European...

This document has been developed in the context of the Study on sanctions for discrimination on racial/ethnic/religious grounds (the Study) commissioned by the European Commission Directorate-General for Justice and Consumers (DG JUST). This Good Practice Guide offers guidance on the regulation...

This study, based on national desk research, stakeholder interviews, and a participatory event, assesses the regulation and application of sanctions under the Racial Equality Directive (RED) and Employment Equality Directive (EED). The Study examines sanctions for discrimination on ethnic,...

Political scientists and economists often assert that they understand how economic sanctions function as a foreign policy tool and claim to have backed their theories with compelling statistical evidence. The research puzzle that this article addresses is the observation that despite almost four...

Russia's invasion of Ukraine in February 2022, reshaped the EU's security landscape, prompting sanctions aimed at weakening Russia's war capabilities. These sanctions also redefined the roles of public authorities and the private sector, introducing new challenges in a shifting geopolitical...

In line with Sustainable Development Goal 15, which focuses on life on land, protecting our planet for future generations becomes an imperative challenge. To address this, the present study examines the comparative efficiency of climate finance and environmental taxes in mitigating environmental...

It is well-established that political leaders matter for domestic outcomes, but statistical evidence for their relevance in international politics is still scarce. Here, we ask whether the personal relationship between political leaders can change the propensity for nonviolent conflict between...

We introduce political salience into a canonical model of attacks against political regimes, as scaling agents’ expressive payoffs from taking sides. Equilibrium balances heterogeneous expressive concerns with material bandwagoning incentives. We examine comparative statics in salience that...

The paper discusses whether US dollar based financial sanctions will undermine the dollar's dominant international role. Despite long-standing attempts to reduce the role of the dollar, these have had limited success so far. I discuss why this is the case and why alternatives to the dollar are...

Russia's war of aggression, which has brought wide destruction and loss to Ukraine, has also transformed the Russian economy in significant ways. The Russian government's role in the economy has grown, with an ever-increasing amount of economic resources allocated to the war effort. The...

Three years of war, sanctions and Russia's isolation from the global community have changed its economy in many ways. Some changes such as the degraded business environment and increased government presence in the economy are likely to persist. War has also exacerbated Russia's already poor...

A major concern about the imposition of international sanctions is that they may permanently deteriorate the quality of institutions in target countries, potentially causing an increase in corruption. While case studies suggest that this is frequently the case, systematic evidence is so far...

It is well-established that political leaders matter for domestic outcomes, but statistical evidence for their relevance in international politics is still scarce. Here, we ask whether the personal relationship between political leaders can change the propensity for nonviolent conflict between...

Geoeconomic pressure - the use of existing economic relationships by governments to achieve geopolitical or economic ends - has become a prominent feature of global power dynamics. This paper introduces a methodology using large language models (LLMs) to systematically extract signals of...

Following Russia's invasion of Ukraine in February 2022, the US, EU, and likeminded countries swiftly imposed an expanded set of primary and secondary export restrictions on Russia. This paper assesses the effectiveness of those measures and their ongoing refinement and modification over time...

This paper examines the growth of military production in Russia since the onset of the war against Ukraine in February 2022. Utilizing official data from Rosstat, the study explores how military production is classified within Russian industrial output statistics. The analysis reveals...

This Policy Brief examines the economic well-being of Russian households in the wake of warrelated sanctions, leveraging ten years of data from the Russian Longitudinal Monitoring Survey (RLMS). Building on macroeconomic indicators suggesting resilience, we analyze subjective wellbeing,...

The Russian invasion of Ukraine in 2022 led to unprecedented sanctions aimed at denying Russia access to critical technologies essential for sustaining its war efforts. This paper examines whether trade sanctions targeting military goods were undermined by evasion, specifically through...

This study investigates the impact of U.S. economic sanctions on internal instability and conflict using a global sample. Our analysis, which includes cross-country and panel data from over 120 countries between 1996 and 2022, shows that economic sanctions increase the risk of internal conflict...

This study investigates the impact of US political sanctions on the earnings management practices of Iranian listed firms. Employing a difference-in-differences methodology and utilizing empirical data from 2013 to 2022, the study demonstrates that sanctions do not significantly influence...

Geopolitical fragmentation triggers complex dynamics in international trade. This paper examines the effects of sanctions through the lens of a stylized model and the empirical analysis of Türkiye’s exports to Russia in the aftermath of Western measures imposed on Russia following its...

Following more than twelve months' discussion in the Council, the European Union's Global Human Rights Sanctions Regime was adopted in December 2020 - a cause for celebration in the human rights community. Having been designed to address human rights violations as well as abuses and corruption...

Following more than twelve months' discussion in the Council, the European Union's Global Human Rights Sanctions Regime was adopted in December 2020 - a cause for celebration in the human rights community. Having been designed to address human rights violations as well as abuses and corruption...

We review the literature on geoeconomics, defined as the field of study that links economics and geopolitics (power rivalry). We describe what geoeconomics is and which questions it addresses, focusing on five main subfields. First, the use of geoeconomic policy tools such as sanctions and...

We examine the rise of dark shipping – oil tankers disabling AIS transceivers to evade detection – amid Western sanctions on Iran, Syria, North Korea, Venezuela, and Russia. Using a machine learning-based ship clustering model, we track dark-shipped crude oil trade flows worldwide and detect...

To reduce funds for Russia’s Ukraine invasion, Western governments imposed a price ceiling on Russian seaborne oil exports using Western services. To sell above that ceiling, Russia developed a “shadow fleet” which uses no such services. We use a calibrated model driven by this fleet’s...

Are sanctions bypassed by hiding money offshore? Using bilateral data on bank deposits, we compare how offshore deposits from sanctioned versus non-sanctioned countries develop after the U.S. and the EU impose financial sanctions. Sanctions targeting individuals increase offshore deposits, as...