The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context

The article provides a complex review of methods, which can be used to assess efficiency of anti-Russian economic sanctions focusing on problems and opportunities dealing with their application. The relevant global experience and experience of Russia in 2014-2021 were used to resolve problems of san...

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Main Author: A. A. Chernykh
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2024-07-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/2020
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author A. A. Chernykh
author_facet A. A. Chernykh
author_sort A. A. Chernykh
collection DOAJ
description The article provides a complex review of methods, which can be used to assess efficiency of anti-Russian economic sanctions focusing on problems and opportunities dealing with their application. The relevant global experience and experience of Russia in 2014-2021 were used to resolve problems of sanction classification and the idea of sanction effectiveness, as well as assessing sanction impact on economy and certain markets of target-countries, for example Russia. Apart from identifying negative aftereffects of sanctions, positive consequences were also shown. In 2022 the situation drastically changed due to unprecedented harsh economic sanctions introduced against Russia, which made the use of traditional methods of appraisal impossible. The author described restrictions of using open data, including the access to national indicators and explained why traditional methods can lead to false conclusions. In spite of new challenges for researchers, stock market still provides certain possibilities for assessing sanction impact on Russian economy.
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-61ab5688ab7a43baa44936df7010f8002025-08-20T03:20:10ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512024-07-0104486210.21686/2413-2829-2024-4-48-621253The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information ContextA. A. Chernykh0European University at Saint PetersburgThe article provides a complex review of methods, which can be used to assess efficiency of anti-Russian economic sanctions focusing on problems and opportunities dealing with their application. The relevant global experience and experience of Russia in 2014-2021 were used to resolve problems of sanction classification and the idea of sanction effectiveness, as well as assessing sanction impact on economy and certain markets of target-countries, for example Russia. Apart from identifying negative aftereffects of sanctions, positive consequences were also shown. In 2022 the situation drastically changed due to unprecedented harsh economic sanctions introduced against Russia, which made the use of traditional methods of appraisal impossible. The author described restrictions of using open data, including the access to national indicators and explained why traditional methods can lead to false conclusions. In spite of new challenges for researchers, stock market still provides certain possibilities for assessing sanction impact on Russian economy.https://vest.rea.ru/jour/article/view/2020finance marketsstock market of russiasanction effectiveness
spellingShingle A. A. Chernykh
The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
Вестник Российского экономического университета имени Г. В. Плеханова
finance markets
stock market of russia
sanction effectiveness
title The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
title_full The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
title_fullStr The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
title_full_unstemmed The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
title_short The Review of Methods for Analyzing Economic Sanction Effectiveness and Their Adaptation to Assessing the Impact on Russia in New Information Context
title_sort review of methods for analyzing economic sanction effectiveness and their adaptation to assessing the impact on russia in new information context
topic finance markets
stock market of russia
sanction effectiveness
url https://vest.rea.ru/jour/article/view/2020
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AT aachernykh reviewofmethodsforanalyzingeconomicsanctioneffectivenessandtheiradaptationtoassessingtheimpactonrussiainnewinformationcontext