Abstract

The paper examines the prospects for the possible confiscation of state assets of the Russian Federation in favor of Western countries. The case of confiscation of private assets is briefly considered. The precedents of the confiscation of sovereign assets are analyzed. The legal inconsistency of the intentions to confiscate Russian assets has been demonstrated. Despite the fact that Western countries are actively working on a regulatory solution to the issue, it is shown that the implementation of such a scenario carries serious risks to the international monetary system, can act as a driver of significant erosion of the Bretton Woods system and dollar hegemony in general. In this situation, any action, as well as inaction, leads to a deterioration of the situation, which refers us to the title of the article, causing an association with zugzwang.

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