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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2023) 1.2 Q4
Journal Citation IndicatorTM (2023) 0.33 Q3
Received: 2019-01-20  |  Accepted: 2019-04-10  |  Published: 2019-06-30

Title

Economic sanctions and import substitution


Abstract

The article focuses on the economic sanctions theory development in the modern global economy. The content of the economic sanctions theory and practice transformation under the influence of internationalization and globalization of markets for goods and services is disclosed. The study analyzes the economic content of sanctions. The goals and grounds for imposing sanctions are defined. The authors classify the types and forms of economic sanctions applied in the modern global economy. The conditions for achieving an impact of economic sanctions are formulated. The attempt is made to assess the economic efficiency of sanctions and their counter-sanction measures. The losses and consequences, both for the countries imposing the sanctions and for countries under pressure, are identified. Factors affecting the distribution of losses from the imposition of economic sanctions are disclosed. The main directions of the economic sanctions content and application practice transformation in the global economy are identified.


Keywords

economic and political sanctions, embargo, import substitution, motives, goals, loss, consequences, sanctions pressure, countries subject to sanctions, countries imposing sanctions


JEL classifications

F13 , F42 , F51


URI

http://jssidoi.org/jesi/article/326


DOI


Pages

1872-1883


Funding

The reported study was funded by RFBR according to the research project № 18-010-00607

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Vorotnikov, Igor Leonidovich
Saratov State Vavilov Agrarian University, Saratov, Russian Federation http://www.sgau.ru
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Sukhanova, Irina Fedorovna
Saratov State Vavilov Agrarian University, Saratov, Russian Federation http://www.sgau.ru
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Lyavina, Mariya Yuryevna
Saratov State Vavilov Agrarian University, Saratov, Russian Federation http://www.sgau.ru
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Glukhova, Marina Ivanovna
I.M. Sechenov First Moscow State Medical University, Moscow, Russian Federation https://www.sechenov.ru
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Petrov, Konstantin Aleksandrovich
Saratov State Vavilov Agrarian University, Saratov, Russian Federation http://www.sgau.ru
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Journal title

Entrepreneurship and Sustainability Issues

Volume

6


Number

4


Issue date

June 2019


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 4339  |  PDF downloads: 1659

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