IDEAS home Printed from https://ideas.repec.org/a/urb/journl/v7y2017p1-16.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.econ.uniurb.it/RePEc/urb/journl/640-4853-1-PB.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.14276/1971-8357.640?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. 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)

    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. Ankudinov, Andrei & Ibragimov, Rustam & Lebedev, Oleg, 2017. "Sanctions and the Russian stock market," Research in International Business and Finance, Elsevier, vol. 40(C), pages 150-162.
    2. Bayramov, Vugar & Rustamli, Nabi & Abbas, Gulnara, 2020. "Collateral damage: The Western sanctions on Russia and the evaluation of implications for Russia’s post-communist neighbourhood," International Economics, Elsevier, vol. 162(C), pages 92-109.
    3. Marek Dabrowski, 2019. "Factors determining Russia's long-term growth rate," Russian Journal of Economics, ARPHA Platform, vol. 5(4), pages 328-353, December.
    4. Julian Hinz, 2023. "The ties that bind: geopolitical motivations for economic integration," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(1), pages 51-100, February.
    5. Bijoy Chandra Das & Fakhrul Hasan & Soma Rani Sutradhar & Sujana Shafique, 2023. "Ukraine–Russia Conflict and Stock Markets Reactions in Europe," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 395-407, September.
    6. Stephan Barisitz & Andreas Breitenfellner, 2017. "How do resource-driven economies cope with the oil price slump? A comparative survey of ten major oil-exporting countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 33-53.
    7. Hinz, Julian & Monastyrenko, Evgenii, 2022. "Bearing the cost of politics: Consumer prices and welfare in Russia," Journal of International Economics, Elsevier, vol. 137(C).
    8. Sohrabi, Narges & Movaghari, Hadi, 2020. "Reliable factors of Capital structure: Stability selection approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 77(C), pages 296-310.
    9. Angela Cheptea & Carl Gaigné, 2020. "Russian food embargo and the lost trade [Nonparametric counterfactual predictions in neoclassical models of international trade]," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(2), pages 684-718.
    10. Nady Rapelanoro & Bali Morad, 2020. "International Economic Sanctions: Multipurpose Index Modelling in the Ukrainian Crisis Case," Working Papers hal-04159719, HAL.
    11. Iikka Korhonen, 2020. "Economic Sanctions on Russia and Their Effects," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(04), pages 19-22, January.
    12. Mario Larch & Jeff Luckstead & Yoto V. Yotov, 2024. "Economic sanctions and agricultural trade," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(4), pages 1477-1517, August.
    13. Ahn, Daniel P. & Ludema, Rodney D., 2020. "The sword and the shield: The economics of targeted sanctions," European Economic Review, Elsevier, vol. 130(C).
    14. Peeva, Aleksandra, 2019. "Did sanctions help Putin?," Discussion Papers 2019/7, Free University Berlin, School of Business & Economics.
    15. Frank, Jonas, 2018. "The effects of economic sanctions on trade: New evidence from a panel PPML gravity approach," Hohenheim Discussion Papers in Business, Economics and Social Sciences 17-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    16. M. V. Klinova & E. A. Sidorova, 2019. "Economic Sanctions of the West against Russia: Development of the Situation," Studies on Russian Economic Development, Springer, vol. 30(3), pages 355-364, May.
    17. Christof Rühl, 2022. "Energy sanctions and the global economy: mandated vs unilateral sanctions," International Economics and Economic Policy, Springer, vol. 19(2), pages 383-399, May.
    18. Dmitriy Izotov, 2018. "Influence of Foreign Economic Activity on the Economic Growth of Russian Regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1450-1462.
    19. Bělín, Matěj & Hanousek, Jan, 2021. "Which sanctions matter? analysis of the EU/russian sanctions of 2014," Journal of Comparative Economics, Elsevier, vol. 49(1), pages 244-257.
    20. Yuliya Zabyelina, 2020. "The Long Arm of Anti‐corruption: Extraterritoriality and Anti‐corruption Targeted Sanctions," Global Policy, London School of Economics and Political Science, vol. 11(4), pages 535-540, September.

    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

    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:urb:journl:v:7:y:2017:p:1-16. 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: Carmela Nicoletti (email available below). General contact details of provider: https://edirc.repec.org/data/deurbit.html .

    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.