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Sanctions and import substitution as exemplified by the experience of Iran and China

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Abstract

The problem of the effectiveness of external sanctions as an instrument of pressure on three states that have adhered to but have abandoned the course of self-reliance is considered. The constructive base of this study is the idea of a conservative project that finds its imperative in reindustrialization. It is shown that the experience of new Russia has yielded the worst results, while China has demonstrated the best outcomes. Iran falls in between.

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Correspondence to A. I. Salitskii.

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Original Russian Text © A.I. Salitskii, Zhao Xin, V.I. Yurtaev, 2017, published in Vestnik Rossiiskoi Akademii Nauk, 2017, Vol. 87, No. 3, pp. 263–271.

Aleksandr Igorevich Salitskii, Dr. Sci. (Econ.), is Chief Researcher of the Primakov Institute of the Global Economy and International Relations, RAS (IMEMO RAN), and a Professor at Oriental University. Zhao Xin, Cand. Sci. (Econ.), is a Lecturer at Foreign Studies University and a Doctoral Student at the Institute of the Global Economy and Politics of the Chinese Academy of Social Sciences (CASS). Vladimir Ivanovich Yurtaev, Dr. Sci. (Hist.), is a Professor in the Department of the Theory and History of International Relations at the Peoples’ Friendship University of Russia (PFUR).

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Salitskii, A.I., Zhao, X. & Yurtaev, V.I. Sanctions and import substitution as exemplified by the experience of Iran and China. Her. Russ. Acad. Sci. 87, 205–212 (2017). https://doi.org/10.1134/S1019331617020058

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