The Effects of Economic Sanctions within the Russia-Ukraine Conflict

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Morad Bali, PhD – Nicholas School of the Environment, Duke University, Durham, North Carolina, USA

Series: European Political, Economic, and Security Issues; Russian Political, Economic, and Security Issues
BISAC: POL023000; BUS069020; POL011020
DOI: https://doi.org/10.52305/SCRJ2136

The Russia-Ukraine conflict is a critical geopolitical issue with far-reaching implications. Understanding the impact of economic sanctions against Russia in this context provides insights into how nations use economic coercion to influence international events. Because economic sanctions have significant ramifications, studying their effects is crucial for businesses, policymakers, economists, and the public at large. In this book, the editor selected six studies written by researchers from diverse perspectives who all have the particularity to be specialised in economic coercion and/or Russia. We are offering a unique overview of very specific themes that have not been examined before: how can a boycott of Russian oil strengthen/weaken Russia’s tendency to autocracy? What are the sociological repercussions for Russian science? Was Russia’s import-substitution strategy and industrial production affected by Western sanctions? Which factors influenced firms’ decisions to suspend or withdraw business operations in Russia? How were high-tech exports of Russian small and medium-sized enterprises influenced by sanctions? This book will not leave these questions unanswered, and will even go beyond by offering a final chapter that provides a complete and comprehensive assessment of economic sanctions’ impact on the Russian economy, covering sanctions implemented between 2014 and 2023.

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Table of Contents

Preface

Chapter 1. Sanctions and Russian Autocracy
Sajjad Faraji Dizaji1,2 and Peter A. G. van Bergeijk3,4
1Coventry University, School of Economics, Finance and Accounting, Coventry, The United Kingdom of Great Britain and Northern Ireland
2Tarbiat Modares University, Teheran, The Islamic Republic of Iran
3Erasmus University, International Institute of Social Studies, The Hague, The Netherlands
4International Centre for Economic Analysis, Ontario, Canada

Chapter 2. Russian Science under Sanctions
Maxim Yurevich
Financial University under the Government of the Russian Federation, Moscow, Russia

Chapter 3. Import Substitutions and the Western Sanctions in the Russian Economy: The Strike of 2014 and the Prospects After 2022
Yuri Simachev and Anna Fedyunina
Centre for Industrial Policy Studies, National Research University Higher School of Economics, Saint-Petersburg, Russia

Chapter 4. Explanations for Firms’ Self-Sanctioning in Response to Russia’s 2022 Invasion of Ukraine
Bryan R. Early1 and Keith Preble2
1Rockefeller College of Public Affairs & Policy, University at Albany, Albany, New York, USA
2Miami University, Oxford, Ohio, USA

Chapter 5. The Economic Impact of Sanctions on High-Tech Exports of Russian Small and Medium-Sized Enterprises
Michael V. Zharikov
World Finance Department, Financial University under the Government of the Russian Federation, Moscow, Russia

Chapter 6. Have the Economic Sanctions Against Russia Failed?
Jacques Sapir
1School of Advanced Studies in Social Sciences (EHESS), Paris, France
2School of Economic Warfare, Paris, France
3Center for the Study of Industrialization Modes (CEMI-CR451), Paris, France

Index


Editor’s ORCID iD

Morad Bali : 0000-0002-6127-641X

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