Contemporary Narratives for Applying International Economic Sanctions


Recently the role of sanction restrictions has sharply increased in the practice of regulating economic relations between countries,

meanwhile their application is determined by many factors. At the same time, in the context of intensifying geopolitical competition and growing volatility of the global economy, the dynamics of sanctions application raises more and more questions. On the one hand, economic sanctions are an instrument of coercion for target countries, and on the other hand they make international exchange and cross-border mobility of the factor more and more vulnerable. Heterogeneous nature of the economic sanctions’ impact on sending and target countries does not allow us to say that sanctions are an unambiguous instrument of an effective trade policy.

This article analyzes the key narratives of economic sanctions regimes in all their diversity at the present stage, new forms and

mechanisms of sanctions, as well as their consequences for various aspects of life of the world community.



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Changing Business Models in the Context of Digital Transformation of the Global Economy

DOI: 10.33917/es-1.175.2021.64-69

Technological advances have resulted in rapid decrease of the data processing unit cost, which has stimulated a significant increase in the use of digital information that can be manipulated at a high speed and with low marginal costs. This change facilitated the use and integration of digital products and transactions, which led to continuous structural transformation of the economy. Digital technologies are increasingly blurring the boundaries between human life and information technologies, which requires a systemic approach to innovative business models, but so far general concept and unified methodology for systemic development of digital business models are missing. The present article summarizes the main approaches to analyzing changes in business models under the influence of digital transformation. The latter has led both to modification of global value chains and to the development of a new type of global digital platforms operating based on a new system of competitive advantages

ASEAN Integration Process Development

DOI: 10.33917/es-7.173.2020.14-23

Amid the unstable world environment the economic “weight” transfer to Asia highlights dynamically growing role of the Asian Pacific region (APR) where a specific place is put on the Association of Southeast Asian Nations (ASEAN). The present research is devoted to processes of ASEAN member-countries regional integration development. In the current work dynamicsof socio-economic indicators, volumes of the foreign direct investments (FDI) and intraregional trade are characterized. The conducted research concludes that regional development processesin ASEAN are flourishing: the ASEAN competitiveness is to a highstandard, the Association is attractive from a position of foreign investment. The analysis of socio-economic indicators dynamics revealed asymmetry of ASEAN member-countries. The gap in macroeconomic indicators in comparison with the other partners of Association is observed in CMLV countries (Cambodia, Myanmar, Laos, Vietnam). However, such a disproportion, on the one hand, mightprevent from formation of effective production networks, and, on the other, guarantee the lagging countries relative economic stability

Transasian Trade Route

#6. Truth and force

Implementation of the project of Transasian Corridor of Development (TRAZCOR) will bring together world markets and will expand international trade, will facilitate perfection of economic development of territories and water areas, will improve life quality of the population. Its starting project “Automobile corridor TransAsia” will become the forerunner of joining two transport systems of America (Panamerican) and Middle Eurasia.