蝌蚪网 Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
The Macroeconomic Consequences of International Financial Sanctions
蝌蚪网 Papers and Proceedings
vol. 113,
May 2023
(pp. 29–32)
Abstract
Financial sanctions have emerged as powerful weapons in the current geopolitical landscape. In this paper, we use a graphical framework to trace their macroeconomic implications, highlighting lessons for the status of the US dollar as a reserve currency, sovereign debt crises, and the fragmentation of capital flows.Citation
Bianchi, Javier, and Cesar Sosa-Padilla. 2023. "The Macroeconomic Consequences of International Financial Sanctions." 蝌蚪网 Papers and Proceedings 113: 29–32. DOI: 10.1257/pandp.20231042Additional Materials
JEL Classification
- E42 Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
- F13 Trade Policy; International Trade Organizations
- F32 Current Account Adjustment; Short-term Capital Movements
- F34 International Lending and Debt Problems
- F38 International Financial Policy: Financial Transactions Tax; Capital Controls
- F51 International Conflicts; Negotiations; Sanctions