Russian forces invaded Ukraine in February 2022 in a drastic escalation of prior military incursions. Our posts cover some of the economic ramifications of the invasion, including the war’s evolving impact on energy markets and the ripple effects on global inflation; as well as the implications of the application of economic sanctions on Russia.
May 2, 2022
Russian energy exports were initially largely exempted from sanctions. But Russia’s energy production is likely to see large negative effects over the long term.
April 10, 2022
How might the supply disruptions, rising prices, and the growing political urgency in Europe to reduce reliance on Russian hydrocarbons shape our energy future?
March 31, 2022
The price of gasoline has spiked since the Russian invasion of Ukraine. Politicians have been quick to call for a temporary suspension of gas excise taxes. But is this good policy?
March 17, 2022
Russia’s effort to “sanction-proof” its economy has had limited success. Reliance on commodity exports and on imports of industrial goods are one vulnerability.
March 4, 2022
Banning Russian banks from the financial messaging system freezes their ability to transact with the rest of the world and can impose tremendous costs.
March 3, 2022
In the wake of Russia’s invasion of Ukraine, an alliance of governments announced sanctions aimed at Putin, members of the Duma, and Russian oligarchs. Chris Miller discusses their likely impact.