On Thursday, April 14, Elina Ribakova joined Markus’ Academy for a lecture on Russia Sanctions: Diving into the Details. Ribakova is Deputy Chief Economist at the Institute of International Finance based in Washington DC.
Watch the full presentation below. You can also watch all Markus’ Academy webinars on the Princeton BCF YouTube channel.
[0:00] Introductory remarks
[11:26] Overview of Russian sanctions
[22:09] A recent history of Russian financial sanctions
[30:51] Russia’s 2014 response
[36:17] Current strength of the ruble
[48:15] Countries reliant on Russian oil
[57:46] Impact of oil on Russian budget
[1:10:37] Going forward: counter sanctions, possible solutions