Studies on Russian Economic Development

, Volume 26, Issue 4, pp 317–326 | Cite as

Evaluation of the potential effect of sanctions on the economic development of Russia and the European Union

  • A. A. Shirov
  • A. A. Yantovskii
  • V. V. Potapenko
Economic Policy

Abstract

The article analyzes different directions of the main macroeconomic effects of preserving the sanctions regime on the trade and economic relations of Russia and the European Union and evaluates the short-, mid- and long-term negative effects of the sanctions regime. The authors have come to the conclusion that both sides will suffer substantial losses due to the sanctions regime.

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References

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    Monitoring of direct investments of Russia, Belarus, Kazakhstan and Ukraine in Eurasian countries. 2014. TsII EABR, 2014.Google Scholar
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    A. A. Yantovskii and A. A. Shirov, “Evaluation of possible date of ZST creation between Eurasian Union and Eurasian Economic Union”. Eurasian economic integration, No. 2.Google Scholar
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    E. Ju. Vinokurov, “Megatransaction in the context of crisis.” Russia in global policy”, No. 5 (2014).Google Scholar

Copyright information

© Pleiades Publishing, Ltd. 2015

Authors and Affiliations

  • A. A. Shirov
    • 1
  • A. A. Yantovskii
    • 1
  • V. V. Potapenko
    • 1
  1. 1.Institute of Economic ForecastingRussian Academy of SciencesMoscowRussia

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