The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia

The article presents the results of the author’s research of the impact of a wide range of restrictions and prohibitions applied to theRussian Federation, used by a number of countries for their geopolitical purposes and as a means of competition. The object of study was the impact of anti-Russian s...

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Main Author: S. V. Kazantsev
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2019-06-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/194
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author S. V. Kazantsev
author_facet S. V. Kazantsev
author_sort S. V. Kazantsev
collection DOAJ
description The article presents the results of the author’s research of the impact of a wide range of restrictions and prohibitions applied to theRussian Federation, used by a number of countries for their geopolitical purposes and as a means of competition. The object of study was the impact of anti-Russian sanctions on the development of Oil & Gas industry and defence industry complex ofRussiain 2014–2016. The purpose of the analysis was to assess the impact of sanctions on the volume of oil and gas production, the dynamics of foreign earnings from the export of oil and gas, and of foreign earnings from the sale abroad of military and civilian products of the Russian defence industry complex (DIC). As the research method, the author used the economic analysis of the time series of statistical data presented in open statistics and literature. The author showed that some countries use the anti-Russian sanctions as a means of political, financial, economic, scientific, and technological struggle with the leadership ofRussiaand Russian economic entities. It is noteworthy that their introduction in 2014 coincided with the readiness of theUSto export gas and oil, which required a niche in the international energy market. The imposed sanctions have affected the volume of oil production inRussia, which was one of the factors of reduction of foreign earnings from the country’s oil and gas exports. However, the Russian defence industry complex has relatively well experienced the negative impact of sanctions and other non-market instruments of competition
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spelling doaj.art-192760bc03ec408caf5dc156d5175f482025-03-02T10:52:04ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722019-06-01123465710.26794/2220-6469-2018-12-3-46-57185The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of RussiaS. V. Kazantsev0Institute of Economy of the Russian Academy of SciencesThe article presents the results of the author’s research of the impact of a wide range of restrictions and prohibitions applied to theRussian Federation, used by a number of countries for their geopolitical purposes and as a means of competition. The object of study was the impact of anti-Russian sanctions on the development of Oil & Gas industry and defence industry complex ofRussiain 2014–2016. The purpose of the analysis was to assess the impact of sanctions on the volume of oil and gas production, the dynamics of foreign earnings from the export of oil and gas, and of foreign earnings from the sale abroad of military and civilian products of the Russian defence industry complex (DIC). As the research method, the author used the economic analysis of the time series of statistical data presented in open statistics and literature. The author showed that some countries use the anti-Russian sanctions as a means of political, financial, economic, scientific, and technological struggle with the leadership ofRussiaand Russian economic entities. It is noteworthy that their introduction in 2014 coincided with the readiness of theUSto export gas and oil, which required a niche in the international energy market. The imposed sanctions have affected the volume of oil production inRussia, which was one of the factors of reduction of foreign earnings from the country’s oil and gas exports. However, the Russian defence industry complex has relatively well experienced the negative impact of sanctions and other non-market instruments of competitionhttps://wne.fa.ru/jour/article/view/194anti-russian sanctionsoil & gas industrydefence industry complextechnological dependenceexportimport
spellingShingle S. V. Kazantsev
The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
Мир новой экономики
anti-russian sanctions
oil & gas industry
defence industry complex
technological dependence
export
import
title The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
title_full The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
title_fullStr The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
title_full_unstemmed The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
title_short The Assessment of the Impact of Sanctions on Russia for Oil & Gas Industry and Defence Industry Complex of Russia
title_sort assessment of the impact of sanctions on russia for oil gas industry and defence industry complex of russia
topic anti-russian sanctions
oil & gas industry
defence industry complex
technological dependence
export
import
url https://wne.fa.ru/jour/article/view/194
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