Russia's economic reaction to confront Western sanctions

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Essay from the year 2020 in the subject Business economics - Economic Policy, grade: 1,0, , language: English, abstract: This essay is about the Russias economic reaction to confront Western sanctions.The first sanctions because of Russias role in the Ukraine crisis were imposed in March 2014 by the US and the EU in a coordinated manner. This Essay wants to evaluate the Russian counteractions to these Western measures. Therefor the Russian countersanctions will be analyzed briefly, however the focus will be on domestic policy shifts in the Russian economic policy concerning the Finance Sector, the Energy and Defense Industry as the general economy. The essay will conclude with a categorization of the applied measures, a summary, and an outlook.

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