Article in Journal
Economic Aspects of the Russia Conflict: Causes, Costs, Options
Gabriel Felbermayr, Erdal Yalcin, Philipp Grübener
ifo Institut, München, 2014
ifo Schnelldienst, 2014, 67, Nr. 14, 35-43
ifo Institut, München, 2014
ifo Schnelldienst, 2014, 67, Nr. 14, 35-43
![](https://www.ifo.de/DocImg/ifosd_2014_14_6.jpg?c=1689237048)
It is unlikely that a de-escalation of the situation in Eastern Ukraine can be achieved by sanctions against Russia. However, sanctions do function as an important political signal. In contrast to short-term crisis policy, however, it is important in the long-term to consider how Russia, which is losing economic importance, can be more closely integrated into the international community.
JEL Classification: F500, F510, F130