Roundtable: The War in Ukraine and its Geopolitical and Political Economy Implications
- Tuesday 5 April 2022
- On zoom (registered participants will be sent a meeting link)
The war in Ukraine is bound to have substantial implications for the political economies of Europe in the longer term. As a result of the war, European countries have severed economic and political links with Russia, one of its largest suppliers of fossil fuels; companies are massively divesting from Russia and Russian companies; and the foreign exchange reserves of the Russian central bank held in the West have been frozen. EU countries have decided to diminish or even end their dependence on Russian energy. In this roundtable, we gather experts in EU-Russia relations, sustainable finance and central banking to address central questions on the consequences of the war: how is the war embedded in longer tensions between the EU and Russia? Can the war and the need to lower the dependence on Russian fossil fuels accelerate the move to “sustainable finance”? Finally, have the sanctions on the Russian central bank broken a taboo and will they change the role of central banks beyond the war?