Can Russia sanction-proof its economy? A comprehensive idea of the sanctions imposed on Russia and consequent countermeasures.

The Russo-Ukrainian conflict undermines all past efforts of international cooperation, interdependence, and peace-seeking accords, proven to be everything but binding in the eyes of Russia. The international community has already stated that sanctions will be imposed on Russia. What are these sanctions? what is their potential impact? What can Russia do to minimize it? This […]

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Availability Cascades on Government expenditure

‘‘Policy is almost ultimately about people, what they want and what is best for them’’ Daniel Kahneman.   Expansionary fiscal policy is very common nowadays. High levels of government expenditure that aim at stimulating the economy by creating demand according to Keynesian macroeconomics are frequently used at the expense of fiscal deficits. However, government spending […]

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