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DESCRIPTION;ENCODING=QUOTED-PRINTABLE:BOFIT Seminar - Michael Funke (Hamburg University) - The Limited Eﬀectiveness of Sanctions on Russia: Modelling Loopholes and Workarounds =0D=0A Abstract Following Russia’s invasion of Ukraine in February 2022, the US, the EU, and other like-minded global western countries swiftly imposed a sweeping set of smart export restriction and sanctions on Russia. This paper assesses the effectiveness of these measures using a calibrated multi-country open-economy dynamic general equilibrium model. As part of the analyses, particular attention is paid to trade diversion, sanction evasion efforts, re-exports, and ghost trade.=0D=0A Online BOFIT seminars are open to all researchers interested in the subjects covered. Those wishing to attend a seminar are kindly asked to register in advance, by filling in  the Online Registration Form . =0D=0A The registration for the seminar is open until 9:00 am the day of the seminar. You will receive a link to join the seminar by email at the latest one hour before the seminar is scheduled to begin. =0D=0A
DTEND:20241001T083000Z
DTSTAMP:20240918T093600Z
DTSTART:20241001T073000Z
LOCATION:MS Teams
SUMMARY:Michael Funke (Hamburg University) - The Limited Eﬀectiveness of Sanctions on Russia: Modelling Loopholes and Workarounds
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