The Economic Impact of Trade Sanctions on Russia

Since the start of Russia’s invasion of Ukraine, economic sanctions have been imposed on Russia on a scale rarely seen in modern times. As the nature and extent of Russian violence worsens, there are growing calls for even tougher sanctions and, in particular, for a drastic reduction of EU imports of key commodities from Russia.

Sciences Po Economists have been doing real-time analysis using recent research tools to evaluate the likely impact of existing and potential additional sanctions.

Participants in the panel are professors in the Department of Economics at Sciences Po. They will present a number of results from their recent work and discuss policy implications:

• Sergei Guriev is the former ERBD Chief Economist
• Isabelle Méjean‘s current research focuses on the transmission of shocks across countries
• Xavier Ragot is the president of OFCE and has recently worked on short-term effects of the Ukraine War on the French economy
• Moritz Schularick specializes in finance and has done research on potential economic impact of a cut-off from Russian energy imports on German GDP.

Moderator: Thierry Mayer, Professor of Economics, Sciences Po; Chair of the Department of Economics.

This event is co-organized by the Paris School of International Affairs and the Department of Economics at Sciences Po.

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