The Impact of International Economic Sanctions on Industrial Output of the Russian Federation
Journal: Hradec Economic Days ...
Year: 2020

Since 2014, a number of foreign countries and interstate associations have been imposing financial and economic sanctions on the Russian Federation. The official goal of the sanctions was to force Russia to change its foreign policy. The sanctions were aimed at key economic sectors: energy, defense, mechanical engineering, financial sector. Imposed sanctions were to cause economic slowdown in Russia and worsen several macroeconomic performance indicators, such as inflation, employment, foreign t