IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v6y2019i4p1872-1883.html
   My bibliography  Save this article

Economic sanctions and import substitution

Author

Listed:
  • Igor Leonidovich Vorotnikov

    (Saratov State Vavilov Agrarian University, Russian Federation)

  • Irina Fedorovna Sukhanova

    (Saratov State Vavilov Agrarian University, Russian Federation)

  • Mariya Yuryevna Lyavina

    (Saratov State Vavilov Agrarian University, Russian Federation)

  • Marina Ivanovna Glukhova

    (I.M. Sechenov First Moscow State Medical University, Russian Federation)

  • Konstantin Aleksandrovich Petrov

    (Saratov State Vavilov Agrarian University, Russian Federation)

Abstract

The article focuses on the economic sanctions theory development in the modern global economy. The content of the economic sanctions theory and practice transformation under the influence of internationalization and globalization of markets for goods and services is disclosed. The study analyzes the economic content of sanctions. The goals and grounds for imposing sanctions are defined. The authors classify the types and forms of economic sanctions applied in the modern global economy. The conditions for achieving an impact of economic sanctions are formulated. The attempt is made to assess the economic efficiency of sanctions and their counter-sanction measures. The losses and consequences, both for the countries imposing the sanctions and for countries under pressure, are identified. Factors affecting the distribution of losses from the imposition of economic sanctions are disclosed. The main directions of the economic sanctions content and application practice transformation in the global economy are identified.

Suggested Citation

  • Igor Leonidovich Vorotnikov & Irina Fedorovna Sukhanova & Mariya Yuryevna Lyavina & Marina Ivanovna Glukhova & Konstantin Aleksandrovich Petrov, 2019. "Economic sanctions and import substitution," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1872-1883, June.
    • Handle: RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1872-1883
    DOI: 10.9770/jesi.2019.6.4(23)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/24/Vorotnikov_Economic_sanctions_and_import_substitution.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/326
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2019.6.4(23)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Olga Finogentova & Vasiliy Tokarev & Mikhail Petrenko & Tatyana Primak, 2018. "Acceptance criterion of state coercion in contemporary society," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(2), pages 820-829, December.
    2. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition (paper)," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4129, January.
    3. Zane Zeibote & Tatjana Volkova & Kiril Todorov, 2019. "The impact of globalization on regional development and competitiveness: cases of selected regions," Post-Print hal-02115275, HAL.
    4. Zane Zeibote & Tatjana Volkova & Kiril Todorov, 2019. "The impact of globalization on regional development and competitiveness: cases of selected regions," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(1), pages 33-47, March.
    5. repec:ssi:jouesi:v:1:y:2019:i:1:p:33-47 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Morad Bali & Thanh T. Nguyen & Lincoln F. Pratson, 2024. "Impacts of EU Sanctions Levied in 2014 on Individual European Countries' Exports to Russia: Winners and Losers," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(2), pages 154-194, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Armenia ANDRONICEANU & Jani KINNUNEN & Irina GEORGESCU, 2020. "E-Government Clusters In The Eu Based On The Gaussian Mixture Models," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2020(35), pages 6-20, December.
    2. Sergey Demin & Anna Mikhaylova & Svetlana Pyankova, 2023. "Digitalization and its impact on regional economy transformation mechanisms," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 14(1), pages 377-390, February.
    3. Jolanta Sabaitytė & Vida Davidavičienė & Gerard Frederick Van Kleef, 2020. "The Peculiarities of Low-Cost Carrier Development in Europe," Energies, MDPI, vol. 13(3), pages 1-19, February.
    4. Aleksandra Lewandowska & Justyna Chodkowska-Miszczuk & Krzysztof Rogatka & Tomasz Starczewski, 2020. "Smart Energy in a Smart City: Utopia or Reality? Evidence from Poland," Energies, MDPI, vol. 13(21), pages 1-19, November.
    5. Waldemar Milewicz, 2020. "The influence of foreign investors on the development of Polish enterprises – a case study of the BPH bank," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 829-839, December.
    6. Tamara P. Danko & Vladimir M. Kiselev & Lyubov A. Chaykovskaya & Pavel A. Smelov & Anna E. Gorokhova, 2020. "Marketing positioning of countries in the field of innovations: questions and answers," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2851-2862, June.
    7. Hafezali Iqbal Hussain & Muhammad Haseeb & Manuela Tvaronavičienė & Leonardus W. W. Mihardjo & Kittisak Jermsittiparsert, 2020. "The Causal Connection of Natural Resources and Globalization with Energy Consumption in Top Asian Countries: Evidence from a Nonparametric Causality-in-Quantile Approach," Energies, MDPI, vol. 13(9), pages 1-18, May.
    8. Jinghan Tian & Jianhua Wang, 2022. "Cuierzhuang Phenomenon: A model of rural industrialization in north China," Papers 2202.03806, arXiv.org, revised Feb 2022.
    9. Mohammad Anhier Al-Froukh, 2021. "Developing in Investment Environment in Jordan from the Perspective of Jordan Investments Commission," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(10), pages 116-116, July.
    10. Manuela TVARONAVICIENE, 2019. "Insights Into Global Trends Of Capital Flows’ Peculiarities: Emerging Leadership Of China," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2019(32), pages 6-17, June.
    11. Michael Horowitz & Dan Reiter, 2001. "When Does Aerial Bombing Work?," Journal of Conflict Resolution, Peace Science Society (International), vol. 45(2), pages 147-173, April.
    12. Kimberly Ann Elliott, 2003. "Economic Leverage and the North Korean Nuclear Crisis," Policy Briefs PB03-03, Peterson Institute for International Economics.
    13. Marcus Noland, 2019. "North Korea: Sanctions, Engagement and Strategic Reorientation," Asian Economic Policy Review, Japan Center for Economic Research, vol. 14(2), pages 189-209, July.
    14. Matthieu Crozet & Julian Hinz, 2020. "Friendly fire: the trade impact of the Russia sanctions and counter-sanctions," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(101), pages 97-146.
    15. Barseghyan, Gayane, 2019. "Sanctions and counter-sanctions : What did they do?," BOFIT Discussion Papers 24/2019, Bank of Finland, Institute for Economies in Transition.
    16. Ralph, Lauren, 2019. "In Consideration of Economic Sanctions," Studies in Applied Economics 131, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    17. Joan Esteban & Massimo Morelli & Dominic Rohner, 2015. "Strategic Mass Killings," Journal of Political Economy, University of Chicago Press, vol. 123(5), pages 1087-1132.
    18. O'Rourke, Kevin, 2005. "The Worldwide Economic Impact of the Revolutionary and Napoleonic Wars," CEPR Discussion Papers 5079, C.E.P.R. Discussion Papers.
    19. Jin Mun Jeong & Dursun Peksen, 2019. "Domestic Institutional Constraints, Veto Players, and Sanction Effectiveness," Journal of Conflict Resolution, Peace Science Society (International), vol. 63(1), pages 194-217, January.
    20. Onialisoa Mirana Rakotoarivelo & Hanitriniaina Sammy Gr´egoire Ravelonirina, 2019. "On the Dynamic of Country Development," Journal of Mathematics Research, Canadian Center of Science and Education, vol. 11(2), pages 1-19, April.

    More about this item

    Keywords

    economic and political sanctions; embargo; import substitution; motives; goals; loss; consequences; sanctions pressure; countries subject to sanctions; countries imposing sanctions;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1872-1883. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.