Economic Consequences of Western Sanctions on Russia and the Evolution of Alternative Trade Networks
Journal: Journal of Social Commerce
Year: 2025

The research looks into how Western sanctions influence the Russian Federation and what outcomes they have intended and unintended effects. The main effect of the sanctions is that Russia has had to scale back its economy, reduce GDP growth and lose connections with other countries. Yet, Russia has overcome these obstacles by dealing with non-Western countries, increasing its own production and further enforcing strong rule over its systems. Because of these sanctions, some countries are choosin