Published online by Cambridge University Press: 14 December 2023
This chapter considers the impact of the sanctions in the short-term: both the economic impact on the Russian state and the Russian people, as well as sanctions’ failure to prevent further military action by Russia in Ukraine. Unintended knock-on or ripple effects of the sanctions are also discussed, as are the effects of the sanctions on world trading patterns and the economic health of other nations. The chapter also considers the potential long-term effects of sanctions on the Russian economy.
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