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Eu and Usa sanctions and their impact on Russia: a logical-qualitative assessment

Author

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  • Massimiliano Di Pace

    (Professore straordinario in Economic Policy, Università Guglielmo Marconi in Rome)

Abstract

The paper asseses, under the logical point of view, if Eu and Usa sanctions may have had direct, relevant and measureable consequences on Russian economy. The conclusion is that, notwithstanding the start of Russian economy worsening coincided roughly with the inception of sanctions, these latter could not be the reason of such economic downturn. As a matter of fact, the nature of measures foreseen by the sanctions is such, that they could not produce any evident and relevant direct consequences on Russian economy.

Suggested Citation

  • Massimiliano Di Pace, 2017. "Eu and Usa sanctions and their impact on Russia: a logical-qualitative assessment," Argomenti, University of Urbino Carlo Bo, Department of Economics, Society & Politics, vol. 7(7), pages 1-16, May-Augus.
    • Handle: RePEc:urb:journl:v:7:y:2017:p:1-16
    DOI: 10.14276/1971-8357.640
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    References listed on IDEAS

    as
    1. Matthieu Crozet & Julian Hinz, 2016. "Collateral Damage: The impact of the Russia sanctions on sanctioning countries’ exports," Working Papers 2016-16, CEPII research center.
    2. Konstantin A. Kholodilin & Aleksei Netsunajev, 2016. "Crimea and Punishment: The Impact of Sanctions on Russian and European Economies," Discussion Papers of DIW Berlin 1569, DIW Berlin, German Institute for Economic Research.
    3. Gurvich, Evsey & Prilepskiy, Ilya, 2015. "The impact of financial sanctions on the Russian economy," Russian Journal of Economics, Elsevier, vol. 1(4), pages 359-385.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    content of Eu and Usa sanctions; effects of sanctions; Russian economy.;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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