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Keerati The Unintended Consequences of Financial Sanctions by fatmachanda2003 is a document available to read on EtoBox.

This paper analyzes the unintended economic consequences of U.S. financial sanctions on Russian companies following the 2014 annexation of Crimea, revealing that sanctioned firms shrank less than their unsanctioned counterparts. The study argues that sanctions led to capital crowding out and credit rationing, ultimately strengthening the sanctioned firms and increasing their reliance on domestic capital. The findings suggest that while the sanctions aimed to weaken targeted firms, they inadvertently bolster

Author

fatmachanda2003

Language

EN