Die Folgen eines russischen Erdgasembargos

Grimm V, Löschel A, Pittel K (2022)

Publication Type: Journal article

Publication year: 2022

Journal

Wirtschaftsdienst Springer Verlag

Book Volume: 102

Pages Range: 251-255

Journal Issue: 4

DOI: 10.1007/s10273-022-3151-2

Abstract

Sanctions and their effectiveness are at the centre of the discussion about an appropriate response to Russia’s war of aggression against Ukraine. At the latest since the atrocities of the war became evident and payment for gas supplies in roubles was brought into play, voices calling for a natural gas embargo have been growing. In the discussion about the possible consequences of such an embargo, forecasts vary from serious but manageable effects on economic development to mass unemployment and deindustrialisation. Regarding the short run, the main question is: How much of Russian natural gas supply can be replaced and saved by next winter. We provide an overview of existing analyses on savings and substitution potentials, followed by some fundamental policy principles aimed at dealing with a halt in Russian natural gas supplies.

Authors with CRIS profile

Veronika Grimm Lehrstuhl für Volkswirtschaftslehre, insbesondere Wirtschaftstheorie

Involved external institutions

Ruhr-Universität Bochum (RUB) DE Germany (DE) Ludwig-Maximilians-Universität (LMU) DE Germany (DE)

How to cite

APA:

Grimm, V., Löschel, A., & Pittel, K. (2022). Die Folgen eines russischen Erdgasembargos. Wirtschaftsdienst, 102(4), 251-255. https://doi.org/10.1007/s10273-022-3151-2

MLA:

Grimm, Veronika, Andreas Löschel, and Karen Pittel. "Die Folgen eines russischen Erdgasembargos." Wirtschaftsdienst 102.4 (2022): 251-255.

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