Logo PROBLEMS
OF MODERN
ECONOMICS
Start Page
News
Information About the Journal
About the Editor-in-chief
Advertising
Contacts
EURASIAN INTERNATIONAL SCIENTIFIC-ANALYTICAL EDITION Russian
Thematic profile of the Journal
The latest
Issue
Announcement
Issues List
Find
Editorial Council
Editorial Board
Magazine Representatives
Article Submission Guidelines
PROBLEMS OF MODERN ECONOMICS, N 2 (86), 2023
ECONOMIC GLOBALIZATION AND ISSUES OF NATIONAL AND INTERNATIONAL SECURITY
Bali M.
Research fellow, Laboratory for International Security and European Cooperation Studies, Grenoble Alpes University (Grenoble, France), PhD (Economics)
Burova N. V.
St. Petersburg State University of Economy and Finances, PhD (Economics), Professor
Feigin G. F.
Chair of General Economic Theory and the History of Economic Thought, St. Petersburg State University of Economics, PhD (Economics), Professor, PhD (Management), German University of Administrative Sciences, Speyer, Germany

Modelling of the effect and length of the impact produced by sanction in the international economic system (France; Grenoble, Russia, St. Petersburg)
The article describes the foundations of the economic sanction politics in the context of anti-Russian sanctions after 20114. The authors describe results of the econometric modelling of the impact produced by the sanctions and support the efficacy of the sanction index as an explanatory factor.
Key words: political economy of sanctions, sanction index, model of the structural vector auto-regression, impulse response function
Pages: 64 - 69



:
1. George, A.L., Simons, W.E., Hall, D.K., Jentleson, B.W., Sagan, S.D., Herrmann, R., Lauren, P.G., Zimmermann, T. (1994). The limits of coercive diplomacy. Westview Press Boulder, CO.
2. Hufbauer, G.C., Schott, J.J., Elliott, K.A. (2007). Economic sanctions reconsidered: History and current policy. Peterson Institute for International Economics.
3. Hufbauer, G.C., Schott, J.J., Elliott, K.A. (1990). Economic sanctions reconsidered: History and current policy. Peterson Institute.
4. Hufbauer, G.C., Schott, J.J., Elliott, K.A. (1990). Economic sanctions reconsidered: Supplemental case histories. Institute for International Economics.
5. Naghavi, A., Pignataro, G. (2015). Theocracy and resilience against economic sanctions. Journal of Economic Behavior & Organization. 111, 112.
6. Pape, R.A. (1997). Why economic sanctions do not work. International security. 22, 90136.
7. Peksen, D. (2019). When do imposed economic sanctions work? A critical review of the sanctions effectiveness literature. Defence and Peace Economics. 30, 635647.
8. Rowe, D.M. (1999). Economic sanctions do work: Economic statecraft and the oil embargo of Rhodesia. Security Studies. 9, 254287.
9. Weber, P.M., Schneider, G. (2020). How many hands to make sanctions work? Comparing EU and US sanctioning efforts. European Economic Review. 130, 103595.
10. .C. : // . 2015. №2. .102114.
11. W. Kaempfer, A. Lowenberg The political economy of economic sanctions, Chapter 27 inHandbook of Defense Economics, 2007, vol. 2, pp.867911.
12. Kaempfer, W.H., Lowenberg, A.D. (1999). Unilateral versus multilateral international sanctions: A public choice perspective. International Studies Quarterly 43, 3758; United Kingdom Parliament (1999).
13. Kirshner, J. (1997). The microfoundations of economic sanctions. Security Studies 6, 3264;; Mack, A., Khan, A. (2000). The efficacy of UN sanctions. Security Dialogue 31, 279292.
14. Galtung, J. (1967). On the effects of international economic sanctions, with examples from the case of Rhodesia. World Politics 19, 378416.
15. Mayall, J. (1984). The sanctions problem in international economic relations: Reflections in the light of recent experience. International Affairs 60, 631642.
16. Renwick, R. (1981). Economic Sanctions. Center for International Affairs, Harvard University, Cambridge, MA.
17. Leyton-Brown, D. (1987). Lessons and policy considerations about economic sanctions. In: Leyton-Brown, D. (Ed.), The Utility of International Economic Sanctions. St. Martins Press, New York, pp. 303310.
18. Tsebelis, G. (1990). Are sanctions effective? A game-theoretic analysis. Journal of Conflict Resolution 34, 328.
19. Baldwin, D.A. (1985). Economic Statecraft. Princeton University Press, Princeton.
20. Rogers, E.S. (1996). Using economic sanctions to control regional conflicts. Security Studies 5, 4372). Verdier, D. (2005). Sanctions as revelation mechanisms. Working Paper. Department of Political Science, Ohio State University, Columbus, OH.).
21. Nossal, K.R. (1989). International sanctions as international punishment. International Organization 43, 301322); . Hoffman, F. (1967). The functions of economic sanctions: A comparative analysis. Journal of Peace Research 2, 140160.) Askari, H.G., Forrer, J., Teegen, H., Yang, J. (2003). Economic Sanctions: Examining Their Philosophy and Efficacy. Praeger, Westport, CT.
22. ., .. // : - (-, 57 2020) .6265.
23. .., . : // : : XI . .: , 2019. c.456458.
24. : / . . .. . .: , 2023. -180 .
25. .. : // . 2021. .65. № 4. .513.
26. Bali, M. (2018). The Impact of Economic Sanctions on Russia and its Six Greatest European Trade Partners: A Country Svar Analysis // . 2018. №4. 4567.
27. Doornich, J.B., Raspotnik, A. (2020). Economic Sanctions Disruption on International Trade Patterns and Global Trade Dynamics: Analyzing the Effects of the European Unions Sanctions on Russia. Journal of East-West Business. 26, 344364.
28. Klinova, M., Sidorova, E. (2019). Economic sanctions of the West against Russia: development of the situation. Studies on Russian Economic Development. 30, 355364.
29. Orlova, N.V. (2016). Financial sanctions: consequences for Russias economy and economic policy. Problems of Economic Transition. 58, 203217.
30. Pak, O., Kretzschmar, G.L. (2016). Western sanctionsOnly half the challenge to Russias economic union. Research in International Business and Finance. 38, 577592.
31. Bali, M., Rapelanoro, N. (2021). How to simulate international economic sanctions: A multipurpose index modelling illustrated with EU sanctions against Russia. International Economics. 168, 2539.
32. .. // . 2019. №5. .4549.
33. Granville B., Mallick S. Does inflation or currency depreciation drive monetary policy in Russia? // Research in International Business and Finance. 2006. № 2 (20). C. 163179.
34. .., .., .., .. : // . 2015. .19. №4 (70). .149162.
35. Dreger, C., Fidrmuc, J., Kholodilin, K.A., Ulbricht, D. (2015). The Ruble between the hammer and the anvil: Oil prices and economic sanctions.
36. Missio, F.J., Jayme Jr, F.G., Britto, G., Luis Oreiro, J. (2015). Real exchange rate and economic growth: new empirical evidence. Metroeconomica. 66, 686714.
37. Rapetti, M., Skott, P., Razmi, A. (2012). The real exchange rate and economic growth: are developing countries different?. International Review of Applied Economics. 26, 735753.
38. Gokal, V., Hanif, S. (2004). Relationship between inflation and economic growth. Economics Department, Reserve Bank of Fiji.
39. Mallik, G., Chowdhury, A. (2001). Inflation and economic growth: evidence from four south Asian countries. Asia-Pacific Development Journal. 8, 123135.
40. Demetriades, P.O., Luintel, K.B. (1996). Financial development, economic growth and banking sector controls: evidence from India. The Economic Journal. 106, 359374.
41. Obansa, S., Okoroafor, O., Aluko, O., Eze, M. (2013). Perceived relationship between exchange rate, interest rate and economic growth in Nigeria: 19702010. American journal of humanities and social sciences. 1, 116124.
42. Bali M. A Contemporary Literature Review of the Russian Rouble Determinants // . . . 2021. №1. . 2631.
43. Akaike H. Information theory and an extension of the maximum likelihood principle Springer, 1998. 199213 .

Article in russian

Back to the issue content

Copyright © Problems of Modern Economics 2002 - 2023