No More Gouda in Moscow? Distributive Effects of the Imposition of Sanctions
Journal: JCMS Journal of Common Market Studies
Year: 2021

Abstract How do private firms respond when they are hit by economic sanctions? Economic sanctions are a vitally important element of the European Union's foreign policy toolbox. While their importance and frequency of use increased, not much is known about the economic impact of the economic sanctions at the micro level. Yet the sanctions imposition has been recently politicized within the EU, especially in the reaction to the sanctions that EU imposed on Russia, and the counter ‐ sanctions that