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Small and medium-sized enterprises in Russia in the context of sanctions

Author

Listed:
  • Vera Barinova

    (Gaidar Institute for Economic Policy)

  • Margarita Gvozdeva

    (RANEPA)

  • Stepan Zemtsov

    (Gaidar Institute for Economic Policy)

Abstract

The 2022 sanctions crisis has led to a number of structural changes in the Russian economy: the severance of long-standing partnerships with companies from unfriendly countries;2 destruction of supply chains; restriction of imports of materials, components and technologies, some of which have no analogues in friendly countries; complication of financial transactions, etc.3 However, already in 2023, the Russian economy demonstrated positive dynamics (growth of household incomes and investment), which contributed to the improvement of the situation in the SME sector, as the demand for their goods and services, particularly in the hospitality, trade and entertainment sectors, was growing.

Suggested Citation

  • Vera Barinova & Margarita Gvozdeva & Stepan Zemtsov, 2024. "Small and medium-sized enterprises in Russia in the context of sanctions," Published Papers ppaper-2024-1330, Gaidar Institute for Economic Policy, revised 2024.
    • Handle: RePEc:gai:ppaper:ppaper-2024-1330
    as

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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2024-1330.pdf
    File Function: Revised Version, 2024
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    More about this item

    Keywords

    Russian economy; small businesses; medium-sized enterprises; sanctions;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I19 - Health, Education, and Welfare - - Health - - - Other
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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