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Blog Post
March 08, 2022
The majority of the world wants peace. This is clear by now. Just consider the many large-scale anti-war demonstrations taking place around the world; and the outpour of solidarity and support for the people in the Ukraine and the more than one million Ukrainians who fled from their country. Ye...
Blog Post
March 07, 2022
In the few days since the Russian invasion of Ukraine started, over 1.7 million Ukrainians—including children, women, elderly—have already fled their homes, seeking refuge in other nations. That is not just an extraordinarily large number, considering the invasion happened just days ago, but it is a...
Blog Post
March 07, 2022
With Russia’s attack on Ukraine raging and most of the world imposing severe financial sanctions on Russia, attention has turned to whether Russia could use its allocation of special drawing rights to bolster its foreign reserves and finance its war effort. The answer is yes, in principle, but ...
Blog Post
March 04, 2022
This week, the World Bank and Asian Infrastructure Investment Bank (AIIB) announced the suspension of their programming in Russia and Belarus (see here and here). Similarly, earlier this week, the EBRD board voted to submit a resolution to their governing body to open-endedly suspend financing...