31/03/2022
💸 Western countries have responded to the invasion of Ukraine with a plethora of sanctions that seek to isolate Russia from the western-dominated international financial and monetary system.
❓ In today's contribution, our Mattias Vermeiren analyses the freezing of Russia's Central Bank reserves: the cause of the collapse of the ruble and of increasing global financial fragmentation, or much ado about nothing? 👇
https://www.ugent.be/ps/politiekewetenschappen/gies/en/gies_papers/2022-ukraine/freezing-russias-central-bank-reserves-much-ado-about-nothing