Russia's Response to Sanctions: How Western Economic Statecraft is Reshaping Political Economy in Russia

Richard Connolly's article explores the effects of Western sanctions on the Russian political economy, highlighting the growth of the state's role and the shift towards Asia in foreign economic relations. He demonstrates the need to understand Russia's new political economy to predict its future trajectory.

Format: Paperback / softback
Length: 243 pages
Publication date: 16 May 2019
Publisher: Cambridge University Press

In a groundbreaking study, Richard Connolly delves into the profound impact of sanctions on the Russian political economy, providing a comprehensive analysis of the Western sanctions targeting the energy, defense, and financial sectors, as well as the Russian response. Connolly explores how these sanctions have prompted Russian officials to adopt swift policy responses, enabling the country to adapt to the changing circumstances. The sanctions and the Russian response have resulted in a significant increase in the state's role in the Russian economy, leading policymakers to expedite efforts to shift Russia's foreign economic relations away from the West and toward Asia. Connolly meticulously examines how the political economy in Russia and the country's integration with the global economy have undergone a fundamental reshaping. Through his insightful analysis, he demonstrates the emergence of a new political economy system in Russia, which holds immense importance in understanding Russia's future trajectory. This comprehensive study sheds light on the complex dynamics and consequences of sanctions on the Russian political economy, offering valuable insights for policymakers, scholars, and stakeholders alike.

In a groundbreaking study, Richard Connolly delves into the profound impact of sanctions on the Russian political economy, providing a comprehensive analysis of the Western sanctions targeting the energy, defense, and financial sectors, as well as the Russian response.

Connolly explores how these sanctions have prompted Russian officials to adopt swift policy responses, enabling the country to adapt to the changing circumstances. The sanctions and the Russian response have resulted in a significant increase in the state's role in the Russian economy, leading policymakers to expedite efforts to shift Russia's foreign economic relations away from the West and toward Asia. Connolly meticulously examines how the political economy in Russia and the country's integration with the global economy have undergone a fundamental reshaping. Through his insightful analysis, he demonstrates the emergence of a new political economy system in Russia, which holds immense importance in understanding Russia's future trajectory. This comprehensive study sheds light on the complex dynamics and consequences of sanctions on the Russian political economy, offering valuable insights for policymakers, scholars, and stakeholders alike.

Weight: 370g
Dimension: 153 x 228 x 19 (mm)
ISBN-13: 9781108400114