Mirkin Yakov
Influence of sanctions on financial risks of the russian economy
ISSN 2075-1915
Influence of sanctions on financial risks of the russian economy
Publication Type:
ISSN 2075-1915
The article identifies the size of financial risks arising from sanctions against Russia on shortterm horizon (credit risk, market risk, inflation risk, liquidity risk, forex risk). Explains that in 2014 - 2015 the restrictions on access to the international capital markets had the moderate influence on size of financial risks inside Russia in comparison with other negative drivers. Analyzes the influence of technology sanctions as a causal mechanism that carries the systemic important risk for the financial stability of Russian economy in a longterm perspective.
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