African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4196

Full Length Research Paper

Sanctioning of Russian Central Bank assets and consequential impacts on other central banks and international trade and investments

Olusegun Obasun
  • Olusegun Obasun
  • Department of Business Administration, School of Business and Economics, Atlantic International University, USA.
  • Google Scholar


  •  Received: 30 May 2024
  •  Accepted: 28 June 2024
  •  Published: 31 July 2024

References

Blogs J (2024). Russia seizes more western assets as companies buy back shares at huge discounts - Russia-Ukraine War. Available at:

View

 

Bradshaw R, Korshunava A (2023). Russia update: New law aims to force out "unfriendly" foreign investors. Lalive [Online] Available at:

View

 

Byrd W (2022). U.S. to Move Afghanistan's Frozen Central Bank Reserves to New Swiss Fund. United Institute of Peace (USIP) [Online] Available at:

View

 

Central Bank of Russia (2022a). Results in Brief. The Bank of Russia's Work 2021. Moscow: Central Bank of the Russian Federation.

 

Central Bank of Russia (2022b). Annual Report 2021. Moscow: Central Bank of the Russian Federation.

 

Chief Executive Leadership Institute (CELI) (2024). Over 1,000 Companies Have Curtailed Operations in Russia-But Some Remain. Yale School of Management [Online] Available at:

View

 

Drezner D (2021). The United States of Sanctions: The Use and Abuse of Economic Coercion. Foreign Affairs. pp. 100-154.

 

Drezner DW (2024). Lose-Lose: The Economic Sanctions of the Russo-Ukrainian War. pp.273-287 Quoted in Brands, H. 2024) War in Ukraine: Conflict, Strategy, and the Return of a Fractured World. Johns Hopkins University Press, 2024.

 

De Mott F (2024). China ramps up de-dollarization efforts by dumping a record amount of US bonds. Available at:

View

 

Economic Times (2022). Energy giant Shell loses $5 billion for leaving the Russian market. The Economic Times. Available at:

View

 

Fairless T (2022). Sanctions on Russia's Central Bank Deal Direct Blow to Country's Financial Strength. Available at:

View   

 

Foo S (2024). UNSTOPPABLE: India Buys More Russian Oil, IMF Upgrades Putin's Economy, Fleeing Russians Return. Available at:

View

 

Kamminga MT (2023). Confiscating Russia's Frozen Central Bank Assets: A Permissible Third-Party Countermeasure? Netherlands International Law Review Springer Link 70(1):1-17.
Crossref

 

Katanich D (2024). Russian bear Putin sharpens his claws to take hold of more European businesses. Euronews Business. Available at:

View

 

KPMG (2022) The economic impact of the Russia-Ukraine war. KPMG. Available at:

View

 

Lomba P (2023). Germany is staring at the end of its economic model. Available at:

View

 

Marrow A (2023). Russia's Magnit fully completes $507 million buyback

 

of blocked shares. Available at:

View

 

Meadway J (2022). 'Weaponising Central Banks', London. Available at:

View

 

Meyer KE, Fang T, Panibratov AY, Peng MW, Gaur A (2023). International business under sanctions. Journal of World Business 58(2):101426.
Crossref

 

Middelkoop W (2023). Central banks and the revival of gold. Available at:

View

 

Moiseienko A (2023). Legal: The Freezing of the Russian Central Bank's Assets. European Journal of International Law 34(4):1007-1020.
Crossref

 

Mulder N (2022). The economic weapon: The rise of sanctions as a tool of modern war. Yale University Press.
Crossref

 

Norton B (2023). West's economic war on Russia backfires, destroys EU industrial base, fuels Eurasian integration. Geopolitical Economy Report Youtube. Available at:

View

 

Pistilli M (2024). How Would a New BRICS Currency Affect the US Dollar? (Updated 2024) Investing News Network [Online]. Available at:

View

 

Quaglia L, Verdun A (2023). Weaponisation of finance: the role of European central banks and financial sanctions against Russia. West European Politics 46(5):872-895.
Crossref

 

Shapran V, Britchenko I (2022). Central Banks policy under sanctions: critical assessment of the Central Bank of the Russian Federation experience. VUZF Review. Available at:
Crossref

 

Son H (2024). JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank. CNBC.

 

Stephan PB (2022). Seizing Russian assets. Capital Markets Law Journal 17(3):276-287.
Crossref

 

Voelpel SC, Leibold M, Tekie EB (2004). The wheel of business model reinvention: how to reshape your business model to leapfrog competitors. Journal of Change Management 4(3):259-276.
Crossref

 

Wilson T, Cook C (2023). The west's Russia oil ban, one year on- How a shadow fleet undermined the price cap. Financial Times. Available at:

View

 

Zelmenis J (2023). Legal Basis of Sanctions against Russia and Asset Confiscation. Socrates. R?ga Stradi?š University Faculty of Law Electronic Scientific Journal of Law 2023(1-27):74-80.
Crossref