Economic sanctions and import substitution

Igor Leonidovich Vorotnikov (), Irina Fedorovna Sukhanova (), Mariya Yuryevna Lyavina (), Marina Ivanovna Glukhova () and Konstantin Aleksandrovich Petrov ()
Additional contact information
Igor Leonidovich Vorotnikov: Saratov State Vavilov Agrarian University, Russian Federation
Irina Fedorovna Sukhanova: Saratov State Vavilov Agrarian University, Russian Federation
Mariya Yuryevna Lyavina: Saratov State Vavilov Agrarian University, Russian Federation
Marina Ivanovna Glukhova: I.M. Sechenov First Moscow State Medical University, Russian Federation
Konstantin Aleksandrovich Petrov: Saratov State Vavilov Agrarian University, Russian Federation

Entrepreneurship and Sustainability Issues, 2019, vol. 6, issue 4, 1872-1883

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 (search for similar items in EconPapers)
JEL-codes: F13 F42 F51 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/24/Vorot ... ort_substitution.pdf (application/pdf)
https://jssidoi.org/jesi/article/326 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1872-1883

DOI: 10.9770/jesi.2019.6.4(23)

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().