Published in «Russian Journal of Entrepreneurship»20 / 2016
DOI: 10.18334/rp.17.20.36847

Evaluation of the economic consequences of sanction wars for the economy of the European countries

Drobot Elena V., Candidate of Science, Economics, Associate Professor; Head of the Chair of Customs and External Economic Activity, the Vyborg Branch of the Russian Presidential Academy of National Economy and Public Administration, Russia

Оценка экономических последствий санкционных войн для экономики европейских стран - View in Russian

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Abstract:
The article analyzes the effect of sanctions and counter-sanctions on the economy of the Western countries, mostly, of the European Union. Based on the analysis of the structure and the dynamics of the Western countries' foreign trade turnover, the damage is estimated that is made by sanction wars to the development of the global trade as a whole and the European countries in particular. The article will be interesting to the experts that study issues of the foreign economic activity.

Keywords:

counter-sanctions, embargo, export, foreign trade turnover, sanction war, sanctioned items, sanctions

JEL-Classification: F13, F51, F52

Citation:
Elena V. Drobot (2016). Evaluation of the economic consequences of sanction wars for the economy of the European countries [Otsenka ekonomicheskikh posledstviy sanktsionnyh voyn dlya ekonomiki evropeyskikh stran]. Russian Journal of Entrepreneurship, 17(20). (in Russian). – doi: 10.18334/rp.17.20.36847.


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