With sanctions becoming an increasingly important tool in ostracising autocratic regimes from western markets, the need for effective enforcement of Anti-Money Laundering (AML) policies is increasing. The global AML regime will be the backbone in detecting evasion of sanctions. This regime has, however, been widely criticised as ineffective. In this brief, Giancarlo Spagnolo and Theo Nyreröd discusses issues with the current AML regime and propose a reward scheme for whistleblowers to enable asset seizures. A powerful feature of their proposal is that it does not rely on the effectiveness of the AML regime.

Russia’s war on Ukraine entails lost human capital, both in actual lives lost and due to major disruptions to key functions of the society, such as education and research. In light of this, the FREE Network, together with the Centre for Economic Analysis (CenEA) and the Stockholm Institute of Transition Economics (SITE), hosted the public conference “Higher Education and Research in War and Peace“ in Warsaw on the 10th of September 2022. This policy brief is based on the presentations and panel discussions held during the conference.

Ukraine is currently receiving substantial inflows of foreign aid from western donors to help the country withstand the Russian aggression. The foreign aid flows partly reflect altruistic motives from the donor side, but also donor’s domestic strategic foreign policy objectives as the war is seen as part of a battle over the future world order. In this brief, Anders Olofsgård, discuss the academic literature that has analysed the existence and consequences of strategic motivations behind aid flows more generally, and draw some preliminary insights for the case of Ukraine.

The concern of Russian gas supply disruption and its implications has never been as serious. Chloé Le Coq, Professor at the University of Paris II Panthéon-Assas (CRED) and a Research Fellow at the Stockholm Institute of Transition Economics (SITE), discusses how nudging energy consumers to lower their demand may support the plans of the European Commission (EC).

Charity auction of the Christine König Gallery and Dorotheum (Vienna) with works by Ukrainian artists for the benefit of the Friends of KSE Foundation (Kyiv School of Economics) to support free living space and educational support for Ukrainian children and their families.

What is the biggest problem with imposing sanctions on autocracies? How are the cost of sanctions shared across the sanctioned party? Jonathan Lehne, Assistant Professor at the Stockholm Institute of Transition Economics (SITE), talks about the "Fortress Russia" strategy and how the Russian economy's exposure to sanctions has changed since 2014.

The invasion of Ukraine has already begun reshaping the world. The bombardment of Ukrainian cities has led to the deaths of thousands of civilians and forced millions to flee the country. But the war has also completely upended the global economy. Russia is paying the heaviest economic price, as it grapples with Western-led sanctions on its banks, major industries and individuals associated with President Vladimir Putin. Can Russia's economy survive?

As fighting across Ukraine escalates and the world reacts, how will the sanctions affect Russia and can we expect them to be effective? Maria Perrotta Berlin, Assistant Professor at Stockholm Institute of Transition Economics (SITE), shares her insights and discusses the potential effects of sanctions against Russia.

On this year's International Women's Day we would like to draw attention to the women impacted by the invasion of Ukraine by the Russian Federation. Evidence from other armed conflicts suggests that women are particularly vulnerable both at the site of the war and in displacement, and that gender-based violence heightens in conflict and post-conflict societies. With this in mind, the international community should pay particular attention to protection, support and well-being of affected women in this tragic time.

The Forum for Research on Eastern Europe and Emerging Economies (FREE Network) stands for peace, security and democracy and condemns Russia’s invasion of the independent and democratic nation of Ukraine and violation of international law.