Research
A natural field experiment on the effectiveness of economic sanctions before and after the Russian invasion of Ukraine
Nature · By Michael G. Findley ·
The Brief
- A field experiment by Findley et al. examined the effect of financial sanctions on Russian officials on access to banking and corporate services.
- Per the source, sanctions had little effect on access to banking and corporate services before the 2022 invasion of Ukraine.
- The study was published in Nature Human Behaviour on 9 November 2026.
Why it matters
The study uses a natural field experiment to measure how sanctions affect access to financial services, giving researchers evidence on sanctions effectiveness before and after the 2022 invasion.
Who’s affected
- researchers in political economy and sanctions policy
- financial-sector compliance professionals
- #sanctions
- #field experiment
- #banking
- #russia
- #economic policy
Nature Human Behaviour, Published online: 09 November 2026; doi:10.1038/s41562-026-02591-5 A field experiment by Findley et al. finds that financial sanctions on Russian officials had little effect on access to banking and corporate services before the 2022 invasion of Ukraine…