Will the sanctions against Russia have any effect?
12 May 2022
Sanctions imposed on Russia after its invasion of Ukraine are argued to be the strongest and farthest-reaching imposed on a major power after WWII, more numerous and more comprehensive than all other measures currently in force against all other sanctioned countries. A question often asked, which is hard to answer, is whether sanctions are effective.
Financial aid to Ukrainian reconstruction: Loans vs grants
01 May 2022
This brief provides an overview of the discussion on the relative merits of grants and loans in the literature on foreign aid, including a short section on debt relief initiatives. These claims are then tested against the context of Ukrainian post-war reconstruction, and it is argued that the case for providing grants is very strong. This argument is based on the magnitude of the investments needed, the need to create a long-run sustainable economy, the road towards a future EU membership, and the global value of a democratic and prosperous Ukraine as a bulwark against autocratic forces.
What are the effects of banning Russian oil and gas across the EU?
29 April 2022
Since the beginning of the Russia-Ukraine war, the West has been contemplating sanctions on Russian oil and gas imports. For the EU, this plan poses a significant challenge due to the long-existing sizable dependency on Russian energy. In this brief, we outline the possible effects of banning Russian oil and gas on the energy import bill across the EU.
Why does Sweden still send financial support to Russia?
25 March 2022
Against the backdrop of the Russian invasion of Ukraine, Swedish financial support to Russia has become questioned. Anders Olofsgård, Associate Professor at the Stockholm School of Economics (SSE) and Deputy Director at the Stockholm Institute of Transition Economics (SITE), explains why we need to understand what that support is actually financing and what its purpose is.
Trading favors? UN security council membership and subnational favoritism in aid recipients
23 March 2022
SITE researchers Maria Perrotta Berlin and Anders Olofsgård together with SITE research affiliated faculty Raj M. Desai (Georgetown University and Brookings Institution) examine the effect of a country's membership in the United Nations Security Council (UNSC) on the subnational distribution of World Bank aid. They find support for the hypothesis that aid recipient governments are better able to utilize aid flows for political favoritism during periods in which they are of geo-strategic value to major donors.
Do sanctions from US and EU push autocracies closer to each other?
18 March 2022
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.
How can higher energy prices for oil and gas affect green transition?
18 March 2022
Can oil and gas sanctions and EU’s plans to reduce dependence on Russian energy affect EU transition to renewables? Elena Paltseva, Associate Professor at the Stockholm Institute of Transition Economics (SITE), shares her insights and discusses the current European growth strategy.
How will the sanctions affect Russia?
09 March 2022
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.
Swedish financial support to Russia
01 March 2022
Given the current situation, Swedish financial support to Russia has been put into question. This was recently discussed in the major Swedish newspaper Dagens Nyheter, in an article in which Anders Olofsgård, Deputy Director of the Stockholm Institute of Transition Economics (SITE), was interviewed among others.
Torbjörn Becker discusses the crisis between Russia and Ukraine in SVT Ekonomibyrån
22 February 2022
In the latest episode of Ekonomibyrån "The stock market in times of crisis" Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE), discusses the crisis between Russia and Ukraine. What are the potential economic consequences and what are the long-term effects?