The resilience of the russian economy under the current geopolitical outlook
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Date
2024
Authors
Journal Title
Journal ISSN
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Publisher
INCE, ASEM
Abstract
Despite the widespread consequences of the Russian-Ukrainian war and the unprecedented international sanctions imposed by the EU, USA, and other Western economies, the Russian Federation's economy has demonstrated surprising resilience. This research examines the key drivers that have sustained the Russian economy and how the current economic climate has influenced its international cooperation. We utilize a mixed methodology that combines a literature review with quantitative analyses of international trade and foreign direct investment (FDI). Our findings reveal that while the sanctions initially had a severe impact, increased energy exports have since boosted economic growth, and legal initiatives have helped mitigate the decline in FDI.
Description
Text: lb. engl. Abstrac: lb. engl. Referinţe bibliografice: pp. 64-65 (17 titl.). JEL Classification: F20, F51, F52, F53, H56, N40. UDC: 338.97(470):327.56.
Keywords
economy, sanctions, trade, FDI
Citation
DRĂGOI, Andreea-Emanuela. The resilience of the russian economy under the current geopolitical outlook. In: Economic growth in the face of global challenges. Consolidation of national economies and reduction of social inequalities: Conference proceedings: International Scientific-Practical Conference, XVIIIth Edition, October 10-11, 2024, Chisinau. Chisinau: SEP ASEM, 2024, vol. I, pp. 60-65. ISBN 978-9975-167-78-9. ISBN 978-9975-167-79-6 (PDF).