Section 6-7. Military Economy and Military Reform in Russia
Journal: RePEc: Research Papers in Economics
Year: 2015

The accession of the Republic of Crimea to the Russian Federation in March 2014 was not favored by the global community and resulted in Western economic sanctions against Russia, getting even tougher throughout the entire year. The sanctions were focused chiefly on Russia’s defense sector, having a strong adverse impact on the fulfillment of the state armaments program and the military-industrial complex (MIC) development program planned by the Russian leadership. The key tit-for-tat measures in