Potential for Economic Sanctions Effectiveness

DOI: 10.33917/es-3.195.2024.34-43

The article analyzes mechanisms of sanctions action and the problems that are faced by countries that use this political instrument. Particular attention is paid to cases of applying sanctions against the Russian Federation and Iran without expressing any subjective opinion on the legality of these countries’ actions. It is proved that economic sanctions in most cases are fraught with economic costs for all participants in sanctions episodes, including countries that initiate these sanctions. The country, against which the sanctions are imposed, is likely to develop trade relations with the third parties that do not participate in the sanctions coalition.

References:

1. Alekseeva T.A. Sovremennaya politicheskaya mysl’ (XX–XXI vv.): politicheskaya teoriya i mezhdunarodnye otnosheniya [Modern Political Thought (XX–XXI centuries): Political Theory and International Relations]. Moscow, Aspekt Press, 2015.

2. Timofeev I.N. Ekonomicheskie sanktsii kak politicheskoe ponyatie [Economic Sanctions as a Political Concept]. Vestnik MGIMO-Universiteta, 2018, no 2(59), pp. 26–42, DOI: 10.24833/2071-8160-2018-2-59-26-42

3. ES i SShA otsenivayut vliyanie sobstvennykh sanktsiy v otnoshenii Rossii [The EU and the US Assess the Impact of their own Sanctions Against Russia]. Otkrytyy zhurnal, 2022, 5 marta, available at: https://journal.open-broker.ru/results/itogi-nedeli-ot-5-marta-2022/

4. Khaffbauer G., Shott D., Elliot K., Egg B. Peresmotr ekonomicheskikh sanktsiy [Revision of Economic Sanctions]. Elsevier. Zhurnal mezhdunarodnoy ekonomiki, 2007, vol. 76(1), pp. 135–137.

5. Rezolyutsiya 1929, prinyataya Sovetom Bezopasnosti na ego 6335-m zasedanii 9 iyunya 2010 g. [Resolution 1929, Adopted by the Security Council at its 6335th Meeting on 9 June 2010]. Sovet Bezopasnosti OON, available at: https://www.un.org/securitycouncil/ru/s/res/1929-%282010%29

Why did the Russian Economy not Collapse under the Influence of Sanctions?

DOI: 10.33917/es-3.195.2024.16-27

Chronicles of the trade and economic war (sanctions, restrictions, etc., in fact, attempts to organize an economic, scientific and technical blockade) of the conventionally united West against Russia after 2014 in general and after the beginning of the Limited Military Operation in particular clearly demonstrate that Atlantic opponents didn’t manage to defeat us economically. They don’t understand why that happened… Russia, to the whole world’s surprise, is successfully realizing its economic potential, monetizing it into stability of the political regime and building up a victorious defence potential. What’s the cause of such macroeconomic stability (national strength) of Russia?

References:

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2. Leontief W., Strout A. Multiregional Input-Output Analysis. Structural Interdependence and Economic Development (ed. T. Barna). London, Macmillan (St. Martin’s Press), 1963, pp. 119–149.

3. Koopman R., Wang Z., Wei Shang-Jin. Tracing Value-Added and Double Counting in Gross Exports. NBER Working Paper no 18579, Cambridge, National Bureau of Economic Research, 2012.

4. Makarov V.L., Bakhtizin A.R., Sushko E.D. Natsional’naya strategicheskaya sila stran, mezhdunarodnaya torgovlya i ekonomicheskaya uspeshnost’ stran v nestabil’nom mire [National Strategic Power of Countries, International Trade and Economic Success of Countries in the unstable World]. Strategirovanie: teoriya i praktika, 2023, vol. 3, no 3(9), pp. 277–297.

5. Ageev A.I., Bakhtizin A.R., Makarov V.L., Loginov E.L., Khabriev B.R. Ekonomicheskiy fundament pobedy: strategicheskiy prognoz ustoychivosti ekonomiki Rossii v

usloviyakh sanktsionnykh atak [Economic Foundation of Victory: a Strategic Forecast for the Russian Economy Stability in the Face of Sanctions]. Ekonomicheskie strategii,

2023, vol. 25, no 3(189), pp. 6–15, DOI: https://doi.org/10.33917/es-3.189.2023.6-15

6. Makarov V.L., Il’in N.I., Bakhtizin A.R., Khabriev B.R. Natsional’naya sila stran mira: otsenka i prognoz [National Strength of the Countries in the World: Evaluation and Forecast]. Ekonomicheskie strategii, 2022, vol. 24, no 6(186), pp. 38–51, DOI: https://doi.org/10.33917/es-6.186.2022.38-51

7. Makarov V.L., Bakhtizin A.R., Loginov E.L. Primenenie ekonomiko-matematicheskikh metodov i modeley optimal’nogo planirovaniya v tsifrovoy ekonomike budushchego (TsEMI AN SSSR i TsEMI RAN: prognosticheskaya interpretatsiya i razvitie nauchnogo naslediya nobelevskikh laureatov L.V. Kantorovicha i V.V. Leont’eva) [Application of Economic-mathematical Methods and Optimal Planning Models in the Digital Economy of the Future (CEMI AS USSR and CEMI RAS: Predictive

Interpretation and Development of the Scientific Heritage of Nobel Laureates L.V. Kantorovich and V.V. Leontief)]. Moscow, Tsentral’nyy ekonomiko-matematicheskiy

Security Risks and Concerns in Indo-Pacific Reg

DOI: 10.33917/es-2.194.2024.32-37

The authors investigated the security situation (military, economic, energy, environmental, food, etc.) in the Indo-Pacific region using international expert surveys in the form of interviews in 16 countries, using a historical approach to show the situation in dynamics, comparative analysis of statistical data, as well as content analysis of scientific literature, publications in the media and in-depth analysis of texts using the Sorbonne method. The analytical materials prepared by the authors are confirmed by empirical data obtained as part of the research work of the international project “Dialogue Partnership as a factor of stability and integration” in 16 Eastern countries: Brunei, Vietnam, India, Indonesia, China, Malaysia, Mongolia, Myanmar, Nepal, RF, Singapore, the USA, Thailand, Philippines, South Korea and Japan, in the pre- and post-ovoid period.

References:

1. Kompleksnaya kharakteristika situatsii v ATR [A Comprehensive Description of the Situation in the Asia-Pacific Region]. Moscow, Academia, 2016, 340 p.

2. ATR glazami ekspertov (mezhdunarodnaya ekspertiza 2005–2019 gg.) [The Asia-Pacific Region Through the Eyes of Experts (International Expertise 2005–2019)]. Moscow, Academia, 2019, 350 p.

3. Masasi Murano, Ankito Panda i Dzhenni Taun. Novaya raketnaya era v Indo-Tikhookeanskom regione [A New Missile Era in the Indo-Pacific Region]. Moskovskiy Tsentr Karnegi, available at: https://gatotca.oyi.my.id/find/a-new-missile-age-in-the-indopacific-carnegie-endowment-for

4. Sukin L. Kogda yadernoe prevoskhodstvo perestaet byt’ prevoskhodstvom: Peresmotr yadernogo balansa sil [When Nuclear Superiority Ceases to be Superiority: A Revision of the Nuclear Balance of Power]. Moskovskiy Tsentr Karnegi, available at: https://mail.yandex.ru/?uid=4361772#message/184366109745546487

5. Rybin A. NYT: Veroyatnost’ voyny v Indo-Tikhookeanskom regione seychas samaya vysokaya so Vtoroy mirovoy [The Probability of War in the Indo-Pacific Region is Now the Highest Since World War II]. Rossiyskaya gazeta, 2023, 1 marta, available at: https://rg.ru/2023/03/01/nyt-veroiatnost-vojny-v-indo-tihookeanskom-regionesejchas-

samaia-vysokaia-so-vtoroj-mirovoj.html

6. Balandin R. Syurpriz ot Dzho Baydena: pochemu SShA nachali postavlyat’ oruzhie Tayvanyu po “ukrainskoy” skheme? [Surprise From Joe Biden: Why Did the United

States Start Supplying Weapons to Taiwan According to the “Ukrainian” Scheme?]. TASS, 2023, 15 avgusta, available at: https://tass.ru/opinions/18501723

7. Delegatsiya kongressmenov SShA pribyla na Tayvan’ [A Delegation of US Congressmen Arrived in Taiwan]. RIA Novosti, 2022, 14 avgusta, available at: https://ria.ru/20220814/tayvan-1809515164.html

8. 900 voennykh baz SShA po vsemu miru. V kakikh stranakh ikh bol’she vsego? [900 US Military Bases Around the World. Which Countries Have the Most of Them?].

Dzen, 2023, 11 yanvarya, available at: https://dzen.ru/a/Y76U9T_c6WqJsHnc

9. Vysotskiy V.I. Neft’ i gaz. Zapasy. Dobycha. Potreblenie, eksport i import: Informatsionnyy obzor [Oil and Gas. Stocks. Extraction. Consumption, Export and Import. (Information Overview)]. Moscow, Rosgeologiya. VNIIZARUBEZhGEOLOGIYA, 2022, 40 p.

Isn’t it Time to “Check the Boxes” of What is Permitted? Part III

DOI: 10.33917/es-2.194.2024.24-31

The problem of the economic policies ontology is examined. Paradigms define practices and scenarios for the future.

Crisis of the “mainstream” and the polymorphic structure of the world economy imply an intensive search for new theoretical and practical solutions.

References:

  1. Rosstat [Website], available at: https://rosstat.gov.ru/storage/mediabank/24_18-02-2022.htm

Role of BRICS in the World Economy Development

DOI: 10.33917/es-2.194.2024.16-23

The authors propose a vector for developing BRICS as an operator of an intercountry digital platform complex (IDPC), within the framework of which international economic transactions are accelerated, simplified and cheapened. Simplification and acceleration occur due to the fact that the documents, required for transaction, are prepared by ICPC algorithms in accordance with the current legislation of the countries and international standards. Cost reduction is achieved by reducing transaction costs, international multilateral clearing, optimizing logistics costs, introducing an internal electronic platform currency for mutual settlements, etc. In this case BRICS, receiving a commission of about 0.5% from each transaction, becomes independent of the budgets of participating countries and a self-sustaining international organization with significant influence in the field of international economic cooperation, including performing the international arbitration functions.

References:

1. Oleskin A.V. Setevoe obshchestvo: ego neobkhodimost’ i vozmozhnye strategii postroeniya [Network Society: Its Necessity and Possible Strategies for its Construction]. Moscow, URSS, 2016.

2. Budanov V.G. Metafizika, ontologii i stsenarii bol’shogo antropologicheskogo perekhoda: Nauka i fenomen cheloveka v epokhu tsivilizatsionnogo Makrosdviga [Metaphysics, Ontologies and Scenarios of the Great Anthropological Transition: Science and Phenomenon of a Man in the Era of Civilizational Macroshift]. Moscow, Institut obshchegumanitarnykh issledovaniy, 2023, 748 p.

3. Oleskin A.V. Detsentralizovannaya setevaya organizatsiya nauchnogo soobshchestva. Perspektivy i problem [Decentralized Network Organization of the Scientific Community. Prospects and Challenges]. Moscow, URSS, 2021.

4. Shokhov A.S. Rol’ Rossii v konstruirovanii mirovoy ekonomiki XXI veka: The New World Economy [Russia’s Role in Designing the World Economy of the 21st Century: The New World Economy]. Artificial societies. 2023. Vol. 18. Iss. 3. URL: https://artsoc.jes.su/s207751800026948-1-1

Methodological Approaches to Studying the Competitive Potential of the Mechanical Engineering Complex of the Republic of Belarus

DOI: 10.33917/es-1.193.2024.36-41

In modern economic conditions, the study of competitive potential of the machine-building complex of the Republic of Belarus allows us to assess the prospects for growth of the potential share of domestic producers in foreign markets, increase the share of high-tech exports, as well as to elaborate a strategy for developing mechanical engineering complex taking into account micro- and macroenvironmental factors. To achieve the objectives, the authors propose methodological approaches to studying the competitive potential of the machine-building complex of the Republic of Belarus, the peculiarity of which is the optimal combination of theoretical and methodological tools for analyzing competitiveness based on domestic and foreign experience.

References:

1. Bakirova E.Yu. Teoreticheskie osnovy upravleniya razvitiem proizvodstva v regione [Theoretical Basis for Managing Production Development in the Region]. Obshchestvo: politika, ekonomika, parvo, 2014, no 1, pp. 82–85.

2. Diagramma Isikavy kak metod analiza problem kompanii [Ishikawa Diagram as a Method for Analyzing Company Problems], available at: https:// cyberleninka.ru/article/n/diagramma-isikavy-kak-metod-analiza-problem-kompanii

3. List of exporters for the selected product. ITC, available at: https://www.trademap.org/Country_SelProduct_TS

Potential for Nuclear Energy Development in Uzbekistan

DOI: 10.33917/es-1.193.2024.26-35

The article examines the prospects for hydrocarbon, renewable and nuclear energy in Uzbekistan. Results of forecasting the dynamics of oil, gas and uranium production until the middle of the 21st century and then are presented. The authors substantiate the conclusion that nuclear generation, having economic and environmental advantages, is competitive in the long term only if two-component nuclear energy is developed due to the exhaustibility of uranium in Uzbekistan.

References:

1. GDP per capita (current US$) — Uzbekistan. The World Bank Data, available at: https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations = UZ

2. The World Factbook — Uzbekistan. CIA. URL: https://www.cia.gov/the-world-factbook/countries/uzbekistan/

3. Muinov D.A., Kostyuchenko Z.M. Strategicheskie napravleniya razvitiya promyshlennosti Uzbekistana na perspektivu [Strategic Directions of the Industry Development in Uzbekistan for the Future]. Ekonomika: analizy i prognozy, 2019, no 1, pp. 63–68.

4. Otkrytye dannye — Promyshlennost’ [Open Data – Industry]. Agentstvo statistiki pri Prezidente Respubliki Uzbekistan, available at: https://stat.uz/ru/ofitsialnaya-statistika/industry

5. BP Statistical Review of World Energy 2022. Uckfield, Pureprint Group Ltd., 2022, 60 p.

6. Uranium in Uzbekistan. WNA, available at: https://world-nuclear.org/information-library/country-profiles/countries-t-z/uzbekistan.aspx

7. Data and Statistics. IEA, available at: https://www.iea.org/data-and-statistics/data-browser?country = UZBEKISTAN

8. Kharitonov V.V., Ul’yanin Yu.A., Sliva D.E. Analiticheskoe modelirovanie dinamiki ischerpaniya nevozobnovlyaemykh traditsionnykh energeticheskikh resursov [Analytical Modeling of the Depletion Dynamics for Non-Renewable Traditional Energy Resources]. Vestnik NIYaU MIFI, 2019, vol. 8, no 3, pp. 298–307.

9. Statistika po global’nomu energeticheskomu perekhodu [Global Energy Transition Statistics]. Dannye o mirovoy energetike i klimate. Ezhegodnik-2021, available at: https://yearbook.enerdata.ru

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