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The peculiarities of international economic activities of the Russian Federation in the conditions of sanctions policy


Elena V. Drobot
(about the author)

Drobot Elena V. – Candidate of Science, Economics, Associate Professor, Head of the Chair of Customs Affairs and International Economic Activities (Vyborg Branch of the Russian Presidential Academy of National Economy and Public Administration)

Published in:
Russian Journal of Entrepreneurship
– Volume 17, Number 16 (August 2016)

JEL classification: F13, F51, F52

Keywords: balance of payments, counter-sanctions, foreign trade turnover, import substitution, international economic activities, sanctions, trade balance


Citation:
Elena V. Drobot (2016). The peculiarities of international economic activities of the Russian Federation in the conditions of sanctions policy. Russian Journal of Entrepreneurship, 17(16), 1879–1902. doi: 10.18334/rp.17.16.36478


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Abstract:

The peculiarities of sanctions policy and Russian counter-sanctions have been studied in the article; a comparative analysis of structure and dynamics of the Russian Federation’s foreign trade turnover before and after the imposition of sanctions has been performed. The forecast of foreign trade turnover based on time sequence and trend line is also given in the present work. The author has analyzed the influence of the sanctions policy on the state of the balance of payments of the Russian Federation. Special attention in the article is paid to determination of an effect from the introduction of sanctions policy on the country’s economy with use of SWOT-analysis and Ishikawa chart. The article is dedicated to the solution of the problem of functioning of the Russian economy in the conditions of sanction wars. The material presented in the article will be of interest for Russian and foreign entrepreneurs, participants of international economic activities, as well as specialists working on the problems of integration.








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