THE REGIME AND EFFECTIVENESS OF 2022 ECONOMIC SANCTIONS AGAINST THE RUSSIAN FEDERATION
Journal: INTERNATIONAL SCIENTIFIC CONFERINCE STRATEGIESXXI
Year: 2022

In the early 2022, the world economy is recovering from the decline caused by Covid-19 pandemic –the central banks being prepared to gradually withdraw fiscal and monetary support. The Russian military’s invasion of Ukraine and subsequent sanctions have reversed this trend and risks and uncertainty have suddenly returned amid rising energy, food and other important commodity prices, inflationary pressures, deterioration in financial and labor market conditions. This paper outlines the general fr