Effectiveness of U.S. Sanctions Targeting Russian Companies and Individuals
This report evaluates the effectiveness of U.S. sanctions targeting Russian companies and individuals using the detailed trade data from 2021-2022 compiled by the Federal Customs Service of Russia
The dust has settled. The Russian economy and sanctions: Who’s who?
In the few months following the start of its war on Ukraine, Russia became the most sanctioned nation in the world. The total number of sanctions levied against Russia is currently estimated at 11,000
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Sanctions Against Russia: Analysis, Impact, and Prospects
Research on the Impact of International Sanctions on the Russian Economy
The “Sanctions” section of the Free Russia Foundation think tank is dedicated to studying the international sanctions imposed against Russia, their impact on the economy, political system, and citizens’ lives. We provide a comprehensive analysis of the goals and mechanisms of sanction pressure, as well as its long-term consequences for various sectors of the economy. Our research covers:
Analysis of economic sanctions and their impact on key sectors of the economy;
Study of political consequences and the response of Russian authorities to sanctions;
Assessment of the social impact of sanctions on people’s lives;
Forecasting possible changes in sanction policies and their future scenarios.
Our goal is to provide an objective understanding of sanction pressure, its effectiveness, and its consequences for the Russian economy and society.
Economic Impact of Sanctions on Key Sectors
International sanctions have a significant impact on key sectors of the Russian economy. We analyze:
The impact on the energy sector, including restrictions on oil and gas exports, access to extraction technologies, and reduced foreign investment;
Restrictions on the financial sector, such as bans on international borrowing and disconnecting Russian banks from the SWIFT system;
The impact on industry, including restrictions on importing equipment and technologies needed for production modernization.
Sanctions have necessitated a reorientation toward the domestic market and alternative sources of imports, which has changed the structure of the Russian economy and created significant challenges in several sectors.
Political Consequences and Government Response
Sanctions have not only economic but also political consequences. We study:
The response of Russian authorities to sanction pressure, including measures for import substitution, support for state-owned companies, and the development of strategic alliances with other countries such as China and India;
Strengthening internal control and consolidating power, including restricting the activities of independent organizations and intensifying propaganda;
Political steps aimed at reducing dependence on the West and strengthening economic ties with other countries.
Our research helps to understand how the Russian authorities adapt to sanctions and what measures are taken to mitigate their impact.
Social Impact of Sanctions on the Population
Economic pressure resulting from sanctions has a serious impact on the standard of living of citizens. We assess:
Rising prices for essential goods and services, reduced purchasing power, and increased poverty levels;
Changes in unemployment rates, especially in sectors dependent on imports and international cooperation;
Social support measures taken by the government to mitigate the negative effects on the most vulnerable segments of the population.
Sanctions have exacerbated the economic problems faced by Russian citizens and have led to the need for adaptation and new survival strategies in times of crisis.
Prospects of Sanction Policy and Russia’s Future
Our experts analyze possible changes in sanction policies and their consequences for Russia’s future. We consider:
Prospects for strengthening or easing sanction pressure depending on political decisions and the international situation;
Opportunities for economic adaptation and reducing dependence on Western technologies and capital;
The role of diplomatic efforts and international cooperation in potentially changing sanction policies.
We strive to understand what changes may occur in the future and how they may affect Russia’s economic and political development.
Methodology and Approach to Sanction Research
Our research is based on objective data and facts. We use a variety of analytical methods, including:
Content analysis of official statements and international documents on the imposition of sanctions;
Economic analysis of data on the state of key sectors and their changes under the influence of sanctions;
Interviews with experts, economists, and political scientists to gain professional assessments of current events and possible scenarios.
We strive to provide objective and up-to-date information that helps our readers better understand the impact of sanctions on Russia and its future.
Articles, Reports, and Analytical Materials
This section features:
Articles;
Reports;
Analytical materials.
Our publications help to understand the goals and effectiveness of sanction policies, their impact on the Russian economy and society. We provide quality information for those seeking a deeper understanding of current processes and their impact on the country.
Mission of Free Russia Foundation
Free Russia Foundation continues its mission of supporting democratic processes and economic reforms by providing readers with objective analysis and verified data. On the pages of our think tank, you will find:
An expert perspective on the impact of sanctions and their consequences for Russia;
An assessment of prospects and ways to adapt the economy and society to new conditions.
We believe that through a deep understanding of sanction policies and their consequences, we can contribute to finding solutions aimed at developing a sustainable and fair economy, as well as strengthening democratic institutions. Our publications are aimed at inspiring readers to actively participate in supporting the changes needed to build a stable future.