The Russian Economy under Sanctions Pressure from the Collective West

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Abstract

The purpose of the article is to consider the economic development of our country in the context of geopolitical, military-strategic changes and the sanctions pressure of the collective West. The current state of Russia after the February events is analyzed according to the main macroeconomic indicators of development in the conditions of the financial and economic sanctions that have poured on us, imposed by non-friendly countries, on the one hand. On the other hand, the strong dependence of the collective West on the supply of a significant number of scarce commodities from Russia to international markets is considered, and it is clear that we will actively influence inflation, production and energy balance in the world for a long time to come. The problems on the way of the further development of the Russian Federation, due to the events, risks and challenges in response to the sanctions pressure of unfriendly countries, are revealed.

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About the authors

Adik T. Aliyev

Academy of Social Management

Email: alievadik@yandex.ru
Dr. Sci. (Econ.), Professor Mytishchi, Russian Federation

Natalya B. Moskaleva

The Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Email: nb.moskaleva@igsu.ru
Dr. Sci. (Econ.), Associate Professor Moscow, Russian Federation

References

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