The peculiarities of international economic activities of the Russian Federation in the conditions of sanctions policy

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Journal paper

Russian Journal of Entrepreneurship *
Volume 17, Number 16 (August 2016)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
The peculiarities of sanctions policy and Russian counter-sanctions have been studied in the article; a comparative analysis of structure and dynamics of the Russian Federation’s foreign trade turnover before and after the imposition of sanctions has been performed. The forecast of foreign trade turnover based on time sequence and trend line is also given in the present work. The author has analyzed the influence of the sanctions policy on the state of the balance of payments of the Russian Federation. Special attention in the article is paid to determination of an effect from the introduction of sanctions policy on the country’s economy with use of SWOT-analysis and Ishikawa chart. The article is dedicated to the solution of the problem of functioning of the Russian economy in the conditions of sanction wars. The material presented in the article will be of interest for Russian and foreign entrepreneurs, participants of international economic activities, as well as specialists working on the problems of integration.

Keywords: import substitution, sanctions, foreign trade turnover, international economic activities, counter-sanctions, balance of payments, trade balance

JEL-classification: F52, F51, F13

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