Why Europe is afraid. How to persuade the event to confiscate money
Therefore, international partners have not yet considered the ability to confiscate and pass them on to Ukraine. This is a dangerous precedent in the comment of focus for the material for the material. Why the Western countries are afraid to confiscate assets of the Russian Federation "The Candidate of Economics, Chief Consultant of the Center for Foreign Policy Studies of the National Institute for Strategic Studies Ivan Us.
"But this year a new side of the discussion appeared - scientific circles. And specifically the Nobel Prize laureate in 2001 Joseph Stiglitz. On January 4, he wrote that when the assets were already frozen, it had to be an unpleasant signal that it is not advisable to keep money in Europe or the US. But no outflows occurred. According to Stiglitz because there is no special alternative. In China, India or Turkey, their assets are particularly kept.
He spoke of Saudi Arabia, which was holding his money in the US , does not want to transfer to other countries. That is, in his opinion, fears that the investment attractiveness will decline - it does not work, "he explains. Such logic suggests that, in fact, Europe is not afraid of outflow of money from its banks, Europe signals: it will protect money from its banks, and the fact that someone undermines the world system - it does not matter, the expert says.
"According to Stiglitz is a false approach from which to move away, to move precisely on the issue of Russian assets. Now there is a half -meter: first it was about income taxes, then profits. Money is needed for war to be won - they need to be directed for military purposes and then for reconstruction. It is about changing priorities. Without victory there will be no reconstruction. " Read more in the material of focus "To take money - a dangerous precedent.