Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022
With the Russian force invading Ukraine, US-led Western countries launched a blanket of economic sanctions to punish Russia and restrained its’ military capability on the battlefield. However, Russia’s economy outperformed many financial institutions and economists’ forecasts and raise many debat...
Saved in:
Main Author: | |
---|---|
Other Authors: | |
Format: | Thesis-Master by Coursework |
Language: | English |
Published: |
Nanyang Technological University
2023
|
Subjects: | |
Online Access: | https://hdl.handle.net/10356/166384 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Nanyang Technological University |
Language: | English |
id |
sg-ntu-dr.10356-166384 |
---|---|
record_format |
dspace |
spelling |
sg-ntu-dr.10356-1663842023-04-30T15:42:45Z Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 Zhang, Xuan - S. Rajaratnam School of International Studies Frederick R. Chen isfrederickchen@ntu.edu.sg Social sciences::Political science With the Russian force invading Ukraine, US-led Western countries launched a blanket of economic sanctions to punish Russia and restrained its’ military capability on the battlefield. However, Russia’s economy outperformed many financial institutions and economists’ forecasts and raise many debates on the economic effectiveness of sanctions on Russia. This essay will explore the reason why Russia’s economy is resistant and resilient under economic sanctions. Through the review of previous academic studies on sanctions and the comparison with sanctions starting from 2014, this paper finds out some pre-conditions of the Russian economy make it suffer less impact from the sanctions such as its overall economic size and economic structure. Despite these preconditions that existed before the imposition of the sanctions, some new dynamics like high oil prices, strong exchange rates, and increasing ties with non-sanction states, also emerged in 2022’s sanctions on Russia and play a significant role in the mitigation of sanctions. Master of Science (International Political Economy) 2023-04-27T04:58:30Z 2023-04-27T04:58:30Z 2023 Thesis-Master by Coursework Zhang, X. (2023). Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022. Master's thesis, Nanyang Technological University, Singapore. https://hdl.handle.net/10356/166384 https://hdl.handle.net/10356/166384 en application/pdf Nanyang Technological University |
institution |
Nanyang Technological University |
building |
NTU Library |
continent |
Asia |
country |
Singapore Singapore |
content_provider |
NTU Library |
collection |
DR-NTU |
language |
English |
topic |
Social sciences::Political science |
spellingShingle |
Social sciences::Political science Zhang, Xuan Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
description |
With the Russian force invading Ukraine, US-led Western countries launched a blanket of
economic sanctions to punish Russia and restrained its’ military capability on the battlefield.
However, Russia’s economy outperformed many financial institutions and economists’
forecasts and raise many debates on the economic effectiveness of sanctions on Russia. This
essay will explore the reason why Russia’s economy is resistant and resilient under economic
sanctions. Through the review of previous academic studies on sanctions and the comparison
with sanctions starting from 2014, this paper finds out some pre-conditions of the Russian
economy make it suffer less impact from the sanctions such as its overall economic size and
economic structure. Despite these preconditions that existed before the imposition of the
sanctions, some new dynamics like high oil prices, strong exchange rates, and increasing ties
with non-sanction states, also emerged in 2022’s sanctions on Russia and play a significant
role in the mitigation of sanctions. |
author2 |
- |
author_facet |
- Zhang, Xuan |
format |
Thesis-Master by Coursework |
author |
Zhang, Xuan |
author_sort |
Zhang, Xuan |
title |
Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
title_short |
Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
title_full |
Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
title_fullStr |
Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
title_full_unstemmed |
Why sanctions on Russia did not work well? Russia's economic resistance against the sanctions in 2022 |
title_sort |
why sanctions on russia did not work well? russia's economic resistance against the sanctions in 2022 |
publisher |
Nanyang Technological University |
publishDate |
2023 |
url |
https://hdl.handle.net/10356/166384 |
_version_ |
1765213819050655744 |