2021
DOI: 10.46398/cuestpol.3968.16
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Economic and financial results of the USA and the European Union sanctions war against Russia: first results

Abstract: As part of this study, the goal is set to assess the impact of sanctions imposed by the United States and the European Union on the economy and financial sector of Russia, to identify the effectiveness of the initial goals of these countries. To achieve the goal, the legal acts concerning the imposed sanctions of the USA and the European Union against Russia were first analyzed, a chronology of events was described, and sanctions were classified. Further, based on the data of the World Bank and the Federal Sta… Show more

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Cited by 3 publications
(2 citation statements)
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“…However, since 2014, Russia's economic situation has deteriorated sharply: economic recession, soaring inflation, rising unemployment rate, intensified environmental pollution, etc. (Andermo and Kragh, 2021; Nusratullin et al, 2021). This has led to a loss of 280 billion USD for the Russian economy and reduced its GDP by 2.4% (Ulyukaev and Mau, 2015; Christie, 2016).…”
Section: Introductionmentioning
confidence: 99%
“…However, since 2014, Russia's economic situation has deteriorated sharply: economic recession, soaring inflation, rising unemployment rate, intensified environmental pollution, etc. (Andermo and Kragh, 2021; Nusratullin et al, 2021). This has led to a loss of 280 billion USD for the Russian economy and reduced its GDP by 2.4% (Ulyukaev and Mau, 2015; Christie, 2016).…”
Section: Introductionmentioning
confidence: 99%
“…In the Russian railway industry, despite the sanctions pressure (Nusratullin et al, 2020;Nusratullin et al, 2021), the most sophisticated projects are being implemented, on which the future of the national transport system in particular and the country's economy as a whole depend. Such projects include upgrading the Baikal-Amur Mainline and the Trans-Siberian Mainline, the development of approaches to the southern and northern ports of Russia, the construction of the Crimean bridge, approaches to it, and others.…”
Section: Introductionmentioning
confidence: 99%