Anti-Russian Sanctions: Damage to the Countries that Declared Them

2019 ◽  
Vol 13 (2) ◽  
pp. 43-54 ◽  
Author(s):  
S. V. Kazantsev
Keyword(s):  
Foreign Trade ◽  
Russian Federation ◽  
World Trade ◽  
Negative Impact ◽  
World Community ◽  
Trade Relations ◽  
The World ◽  
Primary Damage ◽  
The Russian Federation ◽  
Political Economic

Many states, pursuing their own political, economic, financial and ideological goals, have used all sorts of non-military methods and means of coercion of other states, international unions and organisations, and economic entities to perform actions that are desirable for states declared such sanctions. Such methods and means include various restrictions, prohibitions, blockades and unjustified tariffs. When asked about the consequences of sanctions imposed on someone, they usually refer to their negative impact on those to whom they are applied. However, the undesirable consequences of sanctions are also felt by those who apply them, as well as by other members of the world community that are not involved in such measures. That is why the author of this paper tried to estimate the losses which bear the states that declared anti-Russian sanctions. It is also essential because such sanctioning countries usually adhere to the principle “don’t hurt yourself”. So, the measures they take should not cause damage to their initiators (state, companies, corporations, etc.), especially irreparable damage. The author presented in this paper some results of the assessment of sanctioning countries’ losses incurred as a result of the reduction of their exports to Russia and imports from the Russian Federation. As a statistical basis for the calculations, the author used the data of the World Trade Organization for 2012–2017. The author has shown that the primary damage from the implementation of anti-Russian sanctions in the sphere of foreign trade in 2014–2017 was incurred not by their initiators, but by the countries that joined them. First of all, this applies to those countries that have developed more significant foreign trade relations with the Russian Federation, that is, who is more dependent on the volume of Russian exports and imports.

scholarly journals Evaluation of the Sanctions Impact on Sanctioning Countries’ Trade with Russia

2019 ◽  
Vol 23 (3) ◽  
pp. 6-15 ◽  
Author(s):  
S. V. Kazantsev
Keyword(s):  
Foreign Trade ◽  
Russian Federation ◽  
Negative Impact ◽  
The United States ◽  
Mathematical Tool ◽  
External Trade ◽  
Trade Relations ◽  
The World ◽  
The Russian Federation ◽  
The Impact

The aim of this paper was to present some results of the study of the impact of the sanctions, imposed on the Russian Federation in 2014 and consistently expanded and deepened, not on Russia, but on those who use these sanctions — the countries that imposed the sanctions (the sanctioners). External trade, that is one of the objects of the sanctions, was chosen as the subject of the study. The author’s task was to estimate the role of the Russian Federation in the external trade of the countries, which use the sanctions against Russia, before and after the sanctions, and to evaluate the harm caused to these countries by their sanctions and by Russia’s counter-sanctions. To solve these problems, the author proposed a mathematical tool for the damage quantitative assessment. The World Trade Organization statistics for 2012–2017 formed a database for the study, and economic-mathematical and statistical methods were taken as research instruments. One may summarize the results of the study as follows. First, Russia plays an insignificant role in foreign trade of most countries that imposed sanctions against the Russian Federation. However, the damage from the sanctions and counter-sanctions for some of them turns out to be quite significant. Second, the negative impact of the sanctions on their initiators in the sphere of external trade is the stronger, the more important for the sanctioning country its trade relations with the Russian Federation are. Third, the burden of the sanctions was less heavy for their main initiator — the united States of America, than for their less economically strong partners that imposed the sanctions. The author’s main conclusion is that eventually the economic interests of some of these countries win up over the political goals that go against these interests, and the volume of the foreign trade, that dropped down after the sanctions were imposed on Russia, tends to recover. Russia, shifting from the overseas markets to the domestic one and changing the geographical structure of its international trade, does continue to develop. To present the results of the study to the Russian readers, the version of the article in Russian is submitted to the journal “The World of New Economy”. Its title is “Anti-Russian Sanctions: Damage to the Countries that Declared them”. The version gives the results of the analysis of the impact of sanctions on technology trade and the content of the study of foreign trade in goods, detailed in this paper.

Was the Way Really Long?

2012 ◽  
pp. 70-73
Author(s):  
S. Sutyrin
Keyword(s):  
Foreign Trade ◽  
World Trade Organization ◽  
Russian Federation ◽  
World Trade ◽  
Regulatory Environment ◽  
Summer Period ◽  
Reasonable Time ◽  
Trade Regime ◽  
The World ◽  
The Russian Federation

18 years summer period of negotiations on the Russian Federation joining the World Trade Organization doesn't look like something extraordinary. It is clear that there exist not any rigid, objective criteria for a candidate to match. Actually, an applicant may rather quickly become a WTO member merely having agreed to implement all required changes relating to foreign trade regime and corresponding regulatory environment within a reasonable time. In case of Russia the purpose of negotiations was to assure accession conditions acceptable for the country. The results are to be estimated in the nearest future.

TO THE QUESTION OF RESPONSIBILITY FOR TORTURE IN THE RUSSIAN FEDERATION

2020 ◽  
Vol 10 (2) ◽  
pp. 103-106
Author(s):  
ASTEMIR ZHURTOV ◽  
Keyword(s):  
Human Rights ◽  
Russian Federation ◽  
Large Scale ◽  
Human Life ◽  
International Standards ◽  
World Community ◽  
The World ◽  
Long Time ◽  
Protection Of Human Rights ◽  
The Russian Federation

Cruel and inhumane acts that harm human life and health, as well as humiliate the dignity, are prohibited in most countries of the world, and Russia is no exception in this issue. The article presents an analysis of the institution of responsibility for torture in the Russian Federation. The author comes to the conclusion that the current criminal law of Russia superficially and fragmentally regulates liability for torture, in connection with which the author formulated the proposals to define such act as an independent crime. In the frame of modern globalization, the world community pays special attention to the protection of human rights, in connection with which large-scale international standards have been created a long time ago. The Universal Declaration of Human Rights and other international acts enshrine prohibitions of cruel and inhumane acts that harm human life and health, as well as degrade the dignity.Considering the historical experience of the past, these standards focus on the prohibition of any kind of torture, regardless of the purpose of their implementation.

Accession of the Russian Federation to the World Trade Organization: A New Player Joins the Trade Game

2015 ◽  
Vol 40 (3-4) ◽  
pp. 321-365
Author(s):  
Kim Van der Borght
Keyword(s):  
World Trade Organization ◽  
Russian Federation ◽  
World Trade ◽  
Dual Process ◽  
Economic Sectors ◽  
Political Obligations ◽  
The World ◽  
Border Dispute ◽  
Accession Process ◽  
The Russian Federation

To date, no country has taken longer to join the World Trade Organization than the Russian Federation despite the fact that the ussr (of which the Russian Federation is the legal successor) participated in the drafting conference of the Charter to the International Trade Organization, i.e., the original source of the rules of the General Agreement on Tariffs and Trade and the later wto. While the ussr never joined the ito, Russia finally joined the wto in 2012, eighteen years after its first application had been made. The reasons for the lengthy accession process were partially economic, as the wto was established to remove trade impediments; however, the context also was highly politicized. The economic aspects of the wto accession process are the concessions made to existing members. These entail removing the cover offered to domestic producers by opening up to international competition. This process also has political aspects, as domestic lobbies representing economic sectors likely to suffer from an increasingly competitive international environment seek compensation. The politicization is facilitated by a custom contra legem in wto decision-making procedures that gives a de facto veto to existing members. Georgia used this to reassert its position on South Osetiia and Abkhaziia. China brought a border dispute into the process, and the us entangled the process in a broad-ranging debate linked to human rights. In joining the wto, a dual process of domestic and international negotiations results in the final package of commitments to which an acceding member needs to agree as it joins the wto. Part of our focus in this article will be on key economic and political obligations that the Russian Federation took upon itself by becoming a member of the wto.

scholarly journals Digitalization of the Russian Federation’s economy in the context of global transformation: problems and development prospects

2021 ◽  
Vol 106 ◽  
pp. 01013
Author(s):  
Maryam Orzkhanova ◽  
Sakhadin Hubolov ◽  
Esma Polyakova
Keyword(s):  
Russian Federation ◽  
Digital Technologies ◽  
World Community ◽  
Russian Economy ◽  
The World ◽  
The Russian Federation ◽  
Transformation Problems ◽  
Key Indicators ◽  
Further Development ◽  
Development Prospects

The article examines the problems and prospects for the development of the digital economy of the Russian Federation in the context of global transformation. It is obvious that the use of digital technologies in the economic sphere is one of the key indicators of the development of a modern state. The processes of introducing digital technologies are accompanied by technological, economic and legal problems, the solution of which requires government intervention. These circumstances determine the relevance of this study. The purpose of the study is to analyze the problems and assess the prospects for the development of digitalization of the Russian economy, as well as develop recommendations for increasing the efficiency of digitalization of the Russian economy and accelerating the pace of implementation of digital technologies, which will contribute to increasing the competitiveness of the Russian Federation in the world community. The process of digitalization of the economy depends on many factors, the analysis of which will determine the prospects for further development.

scholarly journals Analysis of the impact of tariff preferences on the foreign trade of the Russian Federation and the Republic of Serbia

Upravlenie ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 42-50
Author(s):  
D. E. Barsegyan
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Statistical Data ◽  
The European Union ◽  
Trade Relations ◽  
The Russian Federation ◽  
The Republic ◽  
The Impact

The article considers the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia, as well as the impact of tariff preferences on foreign trade between two countries. The analysed measures were: dynamics of the Russian Federation’s exports to the Republic of Serbia, dynamics of the Russian Federation’s imports from the Republic of Serbia, tariff preferences applied between countries. The article provides statistical data on the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia for 2010–2019 and their dependence on the application of tariff preferences, as well as indicators of trade between the EAEU and the EAEU member states with the Republic of Serbia for 2017–2019. The paper analyses the possible directions of Serbia’s participation in the EAEU and the European Union, assesses the benefits of creating a free trade zone between the EAEU and Serbia, as well as the costs of Serbia’s integration into the European Union. The importance of tariff preferences in the development of foreign trade relations between Russia and Serbia is shown.

Tools for Protecting Agri-Food Markets in Trade Unions

2020 ◽  
pp. 29-34
Author(s):  
E.Yu. Frolova ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Russian Federation ◽  
Trade Unions ◽  
International Markets ◽  
Food Markets ◽  
International Policy ◽  
Trade Relations ◽  
Regulatory Measures ◽  
The Russian Federation

Regulation of international trade relations is an essential part of international policy. The article provides a classification and describes the features of the main trade and economic unions of countries, analyzes measures and tools for organizing international trade and protecting domestic agri-food markets of countries that are members of these unions, and also reveals the principles on which their work is based. We consider the effect of certain regulatory measures for countries where food exports or imports play a significant role in their economy. Examples are given of situations in which countries or unions decide to use certain tools. The example of the Russian Federation shows how the use of tools for regulating foreign trade operations affects the domestic market and describes the obstacles that Russian food exporters may face when entering international markets.

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