The impact of economic sanctions on the country's economy

Currently, sanctions are considered an important tool of international policy for maintaining security and collective response to violations of international order. At the same time, they are a factor of negative impact on the economic situation of the country, growth and production in the target co...

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Autores principales: S. Alikhani, I. P. Khominich
Formato: article
Lenguaje:RU
Publicado: Publishing House of the State University of Management 2021
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Acceso en línea:https://doaj.org/article/d63c11e9bfe14585a3cb9bde9ee4428e
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spelling oai:doaj.org-article:d63c11e9bfe14585a3cb9bde9ee4428e2021-12-03T07:43:36ZThe impact of economic sanctions on the country's economy1816-42772686-841510.26425/1816-4277-2021-5-93-100https://doaj.org/article/d63c11e9bfe14585a3cb9bde9ee4428e2021-07-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/2877https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415Currently, sanctions are considered an important tool of international policy for maintaining security and collective response to violations of international order. At the same time, they are a factor of negative impact on the economic situation of the country, growth and production in the target country. Russia and Iran have been under sanctions from Western countries and their allies for many years and are experiencing economic problems in this regard. The article provides a characteristics and comparative analysis of economic sanctions against Russia and Iran, reveals their differences, assesses the impact of sanctions on their economic structure and financial sector. The paper shows that sanctions directly or indirectly affect the country's macroeconomic indicators and cause their decline. The authors give the substantiations for the negative impact of sanctions on the financial markets of Iran and Russia, including the banking and stock markets.S. AlikhaniI. P. KhominichPublishing House of the State University of Managementarticleeconomic sanctionsmacroeconomic indicatorsfinancial marketrussian federationirancrisisoil pricestechnology importsexchange rateSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 5, Pp 93-100 (2021)
institution DOAJ
collection DOAJ
language RU
topic economic sanctions
macroeconomic indicators
financial market
russian federation
iran
crisis
oil prices
technology imports
exchange rate
Sociology (General)
HM401-1281
Economics as a science
HB71-74
spellingShingle economic sanctions
macroeconomic indicators
financial market
russian federation
iran
crisis
oil prices
technology imports
exchange rate
Sociology (General)
HM401-1281
Economics as a science
HB71-74
S. Alikhani
I. P. Khominich
The impact of economic sanctions on the country's economy
description Currently, sanctions are considered an important tool of international policy for maintaining security and collective response to violations of international order. At the same time, they are a factor of negative impact on the economic situation of the country, growth and production in the target country. Russia and Iran have been under sanctions from Western countries and their allies for many years and are experiencing economic problems in this regard. The article provides a characteristics and comparative analysis of economic sanctions against Russia and Iran, reveals their differences, assesses the impact of sanctions on their economic structure and financial sector. The paper shows that sanctions directly or indirectly affect the country's macroeconomic indicators and cause their decline. The authors give the substantiations for the negative impact of sanctions on the financial markets of Iran and Russia, including the banking and stock markets.
format article
author S. Alikhani
I. P. Khominich
author_facet S. Alikhani
I. P. Khominich
author_sort S. Alikhani
title The impact of economic sanctions on the country's economy
title_short The impact of economic sanctions on the country's economy
title_full The impact of economic sanctions on the country's economy
title_fullStr The impact of economic sanctions on the country's economy
title_full_unstemmed The impact of economic sanctions on the country's economy
title_sort impact of economic sanctions on the country's economy
publisher Publishing House of the State University of Management
publishDate 2021
url https://doaj.org/article/d63c11e9bfe14585a3cb9bde9ee4428e
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