Description
Book SynopsisThis is the first assessment of how Western sanctions have affected targeted sectors of the Russian economy and how Russian policymakers have responded. Connolly argues that a new political economy is emerging in Russia and Russia's integration with the global economy has been fundamentally reshaped by their response to sanctions.
Trade Review'… in his study of the effects of Western sanctions on Russia, Connolly (Univ. of Birmingham, UK) demonstrates a thorough knowledge of Russia's political economy and persuasively explains how Russian authorities, after a period of economic turbulence when sanctions were imposed in 2014, brought about economic recovery by 2016.' R. P. Peters, Choice
Table of ContentsIntroduction; 1. Sanctions and political economy; 2. Russia's system of political economy; 3. Western sanctions and the Russian response; 4. Sanctions and the energy industry; 5. Sanctions and the defense industry; 6. Sanctions and the financial system; Conclusion.