Economic security of Russia and the Eurasian Economic Union in terms of sanctions
Drobot E.V.1, Gudovich G.K.2, Makarov I.N.2
, Bakhmutskaya V.S.2
1 Российская академия народного хозяйства и государственной службы при Президенте Российской Федерации (Выборгский филиал), Russia
2 Финансовый университет при Правительстве Российской Федерации - Липецкий филиал, Russia
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Journal paper
Journal of International Economic Affairs (РИНЦ, ВАК)
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Volume 9, Number 3 (July-September 2019)
Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=41243647
Cited: 52 by 30.01.2024
Abstract:
In the context of economic sanctions, first introduced in 2014 and continuing to the present time, issues related to economic security acquire frightening relevance. However, if in relation to the products of mechanical engineering, which is prohibited to import, import substitution programs were very effective, then in relation to medical products, the sanctions were very painful. However, they can be even more painful in case of continuation of trade wars in the sphere of hydrocarbon supplies, due to their high importance for filling the budget. The article deals with the central problems of economic development of Russia and the Eurasian Economic Union (EAEU), which were followed by the imposition of sanctions against the Russian Federation. The authors propose ways out of the crisis and preservation of the EAEU market integrity.
Keywords: export, energy, sanctions, import, foreign trade, natural gas, security
JEL-classification: F52, F10, F63
References:
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