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Anti-russian Sanctions and the Systemic crisis of the World economy
https://doi.org/10.32609/0042-8736-2015-2-49-68
Abstract
The article analyzes the causes and possible consequences of the current situation in the foreign exchange market for Russian development strategy of import substitution that the country has to develop and implement after the US, the EU and some of its allies initiated economic sanctions against Russia. It is shown that the sanctions policy follows the competition, aggravated with the onset of the structural crisis of the world economy in 2008, that is understood as the crisis in the model of inflationary growth, combined with the cyclical and financial crises.
Keywords
monetary policy,
systemic crisis,
international competition,
the inflationary model of economic growth,
economic sanctions
JEL: E10, E31, E44
References
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For citations:
Simonov V. Anti-russian Sanctions and the Systemic crisis of the World economy. Voprosy Ekonomiki. 2015;(2):49-68. (In Russ.) https://doi.org/10.32609/0042-8736-2015-2-49-68
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