Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy

Economic sanctions always have destructive impact on economic structures of states, especially such developing countries as Iran and Russia. These countries used anti-sanction economic approach in order to oppose western sanctions. Strategy of anti-sanction economy is a tool of counteracting adverse...

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Main Authors: I. P. Khominich, S. Alikhani
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2021-04-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1043
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author I. P. Khominich
S. Alikhani
author_facet I. P. Khominich
S. Alikhani
author_sort I. P. Khominich
collection DOAJ
description Economic sanctions always have destructive impact on economic structures of states, especially such developing countries as Iran and Russia. These countries used anti-sanction economic approach in order to oppose western sanctions. Strategy of anti-sanction economy is a tool of counteracting adverse impact of sanctions on national economy as a sanction target. The authors investigate the influence of strategy of anti-sanction economy on national economy of Iran and Russia, which are facing economic sanctions introduced by western countries. Research findings demonstrate that strategy of anti-sanction economy is a key priority of both Iran and Russia. This strategy helps these countries improve the local business climate, support small and medium enterprises and raise efficiency of local production units. Principle recommendations of our research for Iran and Russia imply that apart from using strategy of anti-sanction economy these countries should do their best to lower their dependence on the US dollar (strategy of dollarization), improve bilateral economic cooperation and eliminate trade barriers to increase trade flows.
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spelling doaj.art-563c747bb5c44584bed1937e8de96ceb2023-09-03T13:30:02ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512021-04-0118251210.21686/2413-2829-2021-2-5-12805Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance EconomyI. P. Khominich0S. Alikhani1Российский экономический университет имени Г. В. ПлехановаРоссийский экономический университет имени Г. В. ПлехановаEconomic sanctions always have destructive impact on economic structures of states, especially such developing countries as Iran and Russia. These countries used anti-sanction economic approach in order to oppose western sanctions. Strategy of anti-sanction economy is a tool of counteracting adverse impact of sanctions on national economy as a sanction target. The authors investigate the influence of strategy of anti-sanction economy on national economy of Iran and Russia, which are facing economic sanctions introduced by western countries. Research findings demonstrate that strategy of anti-sanction economy is a key priority of both Iran and Russia. This strategy helps these countries improve the local business climate, support small and medium enterprises and raise efficiency of local production units. Principle recommendations of our research for Iran and Russia imply that apart from using strategy of anti-sanction economy these countries should do their best to lower their dependence on the US dollar (strategy of dollarization), improve bilateral economic cooperation and eliminate trade barriers to increase trade flows.https://vest.rea.ru/jour/article/view/1043экономические санкцииантисанкционная экономикаэкономика сопротивленияэкономический ростинфляциябезработица
spellingShingle I. P. Khominich
S. Alikhani
Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
Вестник Российского экономического университета имени Г. В. Плеханова
экономические санкции
антисанкционная экономика
экономика сопротивления
экономический рост
инфляция
безработица
title Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
title_full Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
title_fullStr Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
title_full_unstemmed Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
title_short Russia and Iran in Conditions of Economic Sanctions: Anti-Sanction Policy and Resistance Economy
title_sort russia and iran in conditions of economic sanctions anti sanction policy and resistance economy
topic экономические санкции
антисанкционная экономика
экономика сопротивления
экономический рост
инфляция
безработица
url https://vest.rea.ru/jour/article/view/1043
work_keys_str_mv AT ipkhominich russiaandiraninconditionsofeconomicsanctionsantisanctionpolicyandresistanceeconomy
AT salikhani russiaandiraninconditionsofeconomicsanctionsantisanctionpolicyandresistanceeconomy