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The inconsistency of international sanctions and measures of adaptation to them on the part of national economies

https://doi.org/10.34020/1993-4386-2024-4-74-80

Abstract

The article is devoted to the study of the application of sanctions in world practice on the example of countries such as North Korea, Iran and Russia. Historical examples of sanctions, their effectiveness, as well as their impact on the financial market, economy and politics of sanctioned states are considered. The article analyzes not only the negative effects of sanctions on the economy, but also the successful adaptation measures of countries in response to the imposed restrictions, including import substitution, the use of alternative trade routes, national currencies and various financial instruments. Special attention is paid to modern sanctions against Russia and their impact on the financial, oil and gas sectors and the transport industry

About the Authors

M. V. Chikov
National Research Tomsk State University
Russian Federation

Mikhail V. Chikov – PhD in Economics, Associate Professor, Department of Economics, Institute of Economics and Management

Tomsk 



A. M. Ghorbani
National Research Tomsk State University
Russian Federation

Alireza M. Ghorbani – postgraduate student of the Institute of Economics and Management 

Tomsk 



References

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For citations:


Chikov M.V., Ghorbani A.M. The inconsistency of international sanctions and measures of adaptation to them on the part of national economies. Siberian Financial School. 2024;(4):74-80. (In Russ.) https://doi.org/10.34020/1993-4386-2024-4-74-80

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ISSN 1993-4386 (Print)