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Sanctions and Forces Driving to Autarky

In: The Contemporary Russian Economy

Author

Listed:
  • Marek Dabrowski

    (Higher School of Economics
    CASE—Center for Social and Economic Research)

  • Svetlana Avdasheva

    (Higher School of Economics)

Abstract

Since the second half of the 2000s, political relations between Russia and its Western partners have gradually deteriorated. Both caused by the Russian authorities’ military and foreign policy decisions, two turning points dramatically accelerated this deterioration. First, in March 2014, Russia annexed CrimeaCrimea, a part of the Ukrainian territory. Shortly after it began to support the separatist movement in Donbas actively.Donbas Second, on 24 February 2022, Russia started a military invasion of Ukrainian territory. In both cases, the United States, European Union, and other advanced economies responded with economic sanctions, which, together with Russia’s domestic and international countermeasures, started decoupling the Russian economy from global markets.

Suggested Citation

  • Marek Dabrowski & Svetlana Avdasheva, 2023. "Sanctions and Forces Driving to Autarky," Springer Books, in: Marek Dabrowski (ed.), The Contemporary Russian Economy, chapter 0, pages 271-288, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-17382-0_14
    DOI: 10.1007/978-3-031-17382-0_14
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