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31. WHY OFFSHORE FINANCE LIMITS U.S. SANCTIONS AGAINST RUSSIA

Author:
Menevis Cilizoglu and Chelsea Estancona
Publication Date:
04-2022
Content Type:
Commentary and Analysis
Institution:
Political Violence @ A Glance
Abstract:
More than 1,000 individuals and entities have now been targeted with sanctions since Russia’s invasion of Ukraine, including more than 50 oligarchs close to Putin and their families. These measures include the freezing of assets in international banks, seizure of yachts, private jets, and luxury real estate, and travel bans. Western policymakers hope that targeting a wide network of Russian political and economic elites, including oil executives, steel tycoons, media moguls and high-level intelligence officers will isolate Putin and pressure him to reverse course. The million-dollar question is, can these targeted measures actually hurt Russian oligarchs, let alone pressure Putin?
Topic:
Foreign Policy, War, Sanctions, Offshore Finance, and Shell Companies
Political Geography:
Russia, Ukraine, and United States of America

32. Fiscal support and monetary vigilance: Economic policy implications of the Russia-Ukraine war for the European Union

Author:
Olivier Blanchard and Jean Pisani-Ferry
Publication Date:
04-2022
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
The economic shock from the war in Ukraine is forcing Europe to face difficult policy choices, according to Olivier Blanchard and Jean Pisani-Ferry. Governments must decide how best to soften the blow of higher energy and food prices, and how much to rely on debt finance. The European Central Bank must decide how to balance the fight against inflation with the need to sustain aggregate demand, in the face of decreases in real income. The authors analyze the impact of the war on the European economy, discuss the pros and cons of policy options, and call for coherence in balancing sanctions, fiscal measures, and monetary policy. They argue for the use of transfers rather than across-the-board subsidies and point to the room for debt finance. They show the potential role of tripartite wage agreement and also argue that monetary policy can remain on its current trajectory but be ready to adjust.
Topic:
War, European Union, Economy, and Fiscal Policy
Political Geography:
Russia, Europe, and Ukraine

33. Wartime governance and state-building trajectories in post-conflict societies

Author:
Patricia Justino
Publication Date:
05-2022
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
To date, there is limited understanding about the consequences of wartime dynamics for post-war state-building processes. This paper explores one such dynamics—the forms of governance exercised by armed groups during wartime—and proposes a theoretical framework outlining how forms of wartime governance affect trajectories of state-building in the aftermath of civil wars. Six possible trajectories are mapped out: stable democracy, weak democracy, stable autocracy, fragmented rule, contested autocracy, and durable disorder. Each trajectory is shaped by the interaction between two dimensions of wartime governance: how armed groups build institutional capacity in wartime and the characteristics of wartime civilian rule by armed groups. The core argument is that civil wars generate within themselves bureaucratic and institutional capacity—through how armed groups govern territories and civilians within them—that under certain circumstances may be harnessed in the post-war period to build states capable of governing. The characteristics and durability of those forms of wartime governance shape the type of statebuilding and political regime trajectories that emerge in the post-war period.
Topic:
Political Violence, Development, War, Conflict, Peace, and State Building
Political Geography:
Global Focus

34. Starr Forum: The Russian-Ukrainian Conflict: A prologue to WWIII or another frozen conflict?

Publication Date:
01-2022
Content Type:
Video
Institution:
MIT Center for International Studies
Abstract:
Dmitry Gorenburg is a senior research scientist at CNA, where he has worked since 2000. Dr. Gorenburg is an associate at the Harvard University Davis Center for Russian and Eurasian Studies. His research interests include security issues in the former Soviet Union, Russian military reform, Russian foreign policy, and ethnic politics and identity. Olga Oliker is the program director for Europe and Central Asia at the International Crisis Group. Her research interests include foreign and security policies of Russia, Ukraine, and the Central Asian and Caucasian successor states to the Soviet Union, domestic politics in these countries, US policy towards the region, and nuclear weapon strategy and arms control. She received her PhD from the MIT Department of Political Science. Serhii Plokhii is the Mykhailo S. Hrushevs'kyi Professor of Ukrainian History and director of the Ukrainian Research Institute at Harvard University. His research interests include the intellectual, cultural, and international history of Eastern Europe, with an emphasis on Ukraine. Carol Saivetz is a senior advisor in the MIT Security Studies Program. She is a research associate at Harvard’s Davis Center for Russian and Eurasian Studies and the Harvard Ukrainian Research Institute. Dr Saivetz is the author and contributing co-editor of books and articles on Soviet and now Russian foreign policy issues, including an assessment of the “reset,” Russian policies toward the other Soviet successor states, and current US-Russian relations. Elizabeth Wood is professor of history at MIT. She is the author most recently of Roots of Russia’s War in Ukraine (Woodrow Wilson Center and Columbia University Press, 2016). She is co-director of the MIT Russia Program, coordinator of Russian studies, and adviser to the Russian Language Program.
Topic:
Security, Defense Policy, War, Military Strategy, and Conflict
Political Geography:
Russia, Europe, and Ukraine

35. Determinants of China's Policy Towards the War in Ukraine

Author:
Marcin Przychodniak
Publication Date:
05-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
China’s position on the war in Ukraine depends mainly on the stabilisation of China’s internal situation before the 20th Chinese Communist Party (CCP) Congress planned for autumn this year. By holding NATO responsible for the conflict, the CCP reinforces its rhetoric about the legitimacy of the rivalry with the U.S. China’s signals on supporting peace negotiations and not helping Russia to circumvent sanctions are intended to protect China from possible Western secondary sanctions. The prospect of further Sino-Russian cooperation should induce the EU to reduce its economic interdependence with China.
Topic:
War, Sanctions, European Union, Rivalry, and Chinese Communist Party (CCP)
Political Geography:
China, Europe, Ukraine, and Asia

36. The Course of Cooperation between Russia and its Latin American Partners

Author:
Bartlomiej Znojek
Publication Date:
05-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
For the past several years, Russia has been strengthening ties with the authoritarian regimes of Cuba, Nicaragua, and Venezuela, and has developed cooperation with other Latin American countries as an investor in the energy sector, a supplier of weapons and Sputnik-V COVID-19 vaccine, and in other areas. Most Latin American governments have condemned the Russian aggression against Ukraine, but they have not imposed sanctions on Russia. It is in the EU’s interest to persuade its Latin American partners of the validity of the restrictions and to work together to mitigate the negative economic effects of the war.
Topic:
International Cooperation, War, Sanctions, Authoritarianism, Partnerships, and Vaccine
Political Geography:
Russia, Ukraine, Cuba, Latin America, Nicaragua, and Venezuela

37. The Impact of the Russian Aggression Against Ukraine on the EU's Economy

Author:
Melchior Szczepanik
Publication Date:
03-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
A spike in energy prices provoked by Russia’s invasion of Ukraine will inhibit the economic rebound in the EU. Member States will have to face high inflation for longer than previously expected. Forced to increase spending, they also could postpone plans to reduce their debts. The conflict with Russia is mobilising the Community to speed up the development of renewable energy and reduce dependencies on third countries, especially authoritarian ones, in strategic sectors.
Topic:
Energy Policy, War, European Union, Economy, and Inflation
Political Geography:
Russia, Europe, and Ukraine

38. Belarus's Reaction to the Russian Invasion of Ukraine

Author:
Anna Maria Dyner
Publication Date:
03-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
From the very beginning of the Russian invasion of Ukraine, the Belarusian authorities have sided with Russia, supporting it politically and militarily, including making its territory available to the Russian troops. In this way, Belarus is also an aggressor and, as a consequence, the EU and the U.S. have imposed further sanctions on it. Regardless of the attempts to engage in Ukrainian-Russian negotiations, Belarus will be negatively affected by the consequences of its government’s policy and the country, although formally sovereign, has ceased to be perceived as an independent entity in international relations.
Topic:
International Relations, Sovereignty, War, and Military Affairs
Political Geography:
Russia, Ukraine, and Belarus

39. Russia's Wartime Censorship and Propaganda

Author:
Agnieszka Legucka
Publication Date:
04-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
In connection with Russia’s invasion of Ukraine, the Russian authorities have introduced wartime censorship, forbidding the publication of content that does not conform to the official message of the Ministry of Defence of the Russian Federation. This massive and unprecedented propaganda is leading to an increase in support for Vladimir Putin, and Russians protesting against the war are being brutally repressed and persecuted. The consequence is the strengthening of the totalitarian character of the Russian state and the emigration of Russians who do not support the war. The most significant element of the Russian war propaganda is that of “denazification”, a claim aimed also at Poland.
Topic:
War, Authoritarianism, Media, Propaganda, and Censorship
Political Geography:
Russia, Europe, and Ukraine

40. Germany in the Shadow of War and Inflation: Six Months of the Scholz Government

Author:
Łukasz Jasiński
Publication Date:
06-2022
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
The coalition of the Social Democratic Party (SPD), The Greens, and the Free Democratic Party (FDP) came to power with the intention of undertaking significant economic and social reforms. Their ambitious plans were symbolised by the title of the coalition agreement, “Daring to Make More Progress”. The war in Ukraine, though, has forced the government to take revolutionary steps in the areas of defence and energy security. The Chancellor’s vagueness about the supply of weapons to Ukraine has been causing his SPD’s ratings to fall and The Greens’ popularity to rise. To reverse this trend, the chancellor will pursue further social reforms.
Topic:
Government, War, Domestic Politics, Inflation, and Olaf Scholz
Political Geography:
Europe, Ukraine, and Germany