The Macroeconomic Consequences of International Financial Sanctions

Autor: Javier Bianchi, Cesar Sosa-Padilla
Rok vydání: 2023
Předmět:
Zdroj: AEA Papers and Proceedings. 113:29-32
ISSN: 2574-0776
2574-0768
DOI: 10.1257/pandp.20231042
Popis: 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.
Databáze: OpenAIRE