News
Sanctions squeeze Russia’s economy, but cracks stay hidden
19 March 2026
Sanctions are tightening the pressure on Russia’s war economy, even if official figures still suggest resilience. At a recent seminar hosted by the Norwegian Institute of International Affairs (NUPI), Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE), argued that the real test is not whether sanctions end the war overnight, but how much they weaken the Kremlin’s ability to finance it.
Sweden backs Ukraine as Russia’s finances strain
19 February 2026
Sweden has pledged SEK 114 billion in support to Ukraine – its largest commitment to another country in modern times. At a seminar hosted by the European Parliament in Stockholm, Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE), warned that Russia’s war economy is under mounting pressure and argued that sustained Western support can ultimately determine the outcome.
91Ô´´ graduate Anna Breman to lead the Reserve Bank of New Zealand
07 October 2025
Anna Breman, who holds a PhD in Economics from 91Ô´´, becomes the first ever female Governor of the New Zealand Reserve Bank.
Johanna Wallenius appointed new member of the Finnish Economic Policy Council
20 March 2025
Johanna Wallenius, Professor of Economics at the Department of Economics at 91Ô´´, has been appointed member of the Finnish Economic Policy Council. The appointment starts beginning of April, 2025.
HOI research | Hidden causes behind fluctuating demand in supply chains
26 June 2024
Why does demand suddenly spike and drop in supply chains? Researchers have identified a range of factors contributing to this, known as the bullwhip effect. Their study, published in Management Research Review, systematically categorizes these causes to help businesses better understand and mitigate the problem.
Policies for an aging population
13 April 2023
Increasing life expectancy and a lower birth-rate means the world’s population is aging rapidly. But what retirement policies will have the best outcome for what countries? Listen to the latest episode of the podcast Sound Economy with Professor Johanna Wallenius to find out more.
Torbjörn Becker in Dagens Nyheter: "Sanctions on oil could end Putin's money"
04 April 2022
In a recently published op-ed, Torbjörn Becker, Director of the Stockholm Institute of Transition Economics, discusses why Russia must be forced to pay a higher price for its war in Ukraine. Sanctions should be directed at oil and gas exports, and it is also time to increase the pressure on the banking system. Frozen Russian assets in the West could later become a good basis for Ukraine's reconstruction.
Can Russia's economy survive? Torbjörn Becker shares his insights in BBC podcast
14 March 2022
The invasion of Ukraine has already begun reshaping the world. The bombardment of Ukrainian cities has led to the deaths of thousands of civilians and forced millions to flee the country. But the war has also completely upended the global economy. Russia is paying the heaviest economic price, as it grapples with Western-led sanctions on its banks, major industries and individuals associated with President Vladimir Putin. Can Russia's economy survive?
#AcademicsStandWithUkraine
03 March 2022
The Forum for Research on Eastern Europe and Emerging Economies (FREE Network) stands for peace, security and democracy and condemns Russia’s invasion of the independent and democratic nation of Ukraine and violation of international law.
Torbjörn Becker discusses the crisis between Russia and Ukraine in SVT Ekonomibyrån
22 February 2022
In the latest episode of Ekonomibyrån "The stock market in times of crisis" Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE), discusses the crisis between Russia and Ukraine. What are the potential economic consequences and what are the long-term effects?