Russian economy under pressure of sanctions

Russian economy under pressure of sanctions
// Year of the Planet. 2014. Yearbook. P. 172-184


Abstract. Economic sanctions imposed in the context of the ongoing political crisis in Ukraine have seriously reduced growth prospects in Russia. Although sanctions created promising market opportunities for metal as well as some food and machinery producers, hopes that widespread import substitution can speed up growth in industrial production have no ground. Abolition of economic restrictions and addressing structural problems are the key for coping with low growth rates and raising inflation in Russian economy. 

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For citation:
Afontsev S. Russian economy under pressure of sanctions. Year of the Planet. — 2014, pp. 172-184

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