Mutual Effects of Western Economic Sanctions on the Russian Federation

Abstract

This Study analyzed explores the mutual effects of Western economic sanctions on the Russian Federation, examining both their intended and unintended consequences. The sanctions, primarily targeting key sectors such as energy, finance, and military industries, have led to economic contraction, reduced GDP growth, and isolation from global markets. However, Russia has demonstrated resilience by pivoting towards non-Western markets, enhancing domestic production, and reinforcing authoritarian governance in response to perceived external threats. The sanctions have also initiated a geopolitical realignment, fostering closer ties with countries willing to circumvent these restrictions. While the sanctions aim to undermine the Russian economy and political stability, their long-term effectiveness remains uncertain, highlighting the complexity of global economic interactions and the adaptive strategies emp economic loyed by Russia.