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Sanctions against Russia, their effectiveness and impacts on Finland

Mäkinen Hanna

dc.contributor.authorMäkinen Hanna
dc.date.accessioned2022-12-21T03:31:29Z
dc.date.available2022-12-21T03:31:29Z
dc.identifier.issn2342-3153
dc.identifier.urihttps://www.utupub.fi/handle/10024/173826
dc.description.abstract<p>Russia’s war of aggression in Ukraine has been widely condemned. The EU, the UK and the USA, together<br>with their allies, have imposed unprecedentedly extensive and well-coordinated sanctions on Russia.<br>The sanctions target the key sectors of the Russian economy, undermining Russia’s technological and<br>industrial development, and isolating Russia from the global economy and international financial<br>market. The economic situation in Russia is aggravated by other consequences of the war, such as the<br>large-scale withdrawal of Western companies, and the accelerated brain drain. However, due to Russia’s<br>integration into world markets and the EU’s dependence on Russian energy, for instance, the impacts of<br>the sanctions are also felt on the international economy and on countries that imposed them, including<br>Finland. This study reviews the main sanctions of the EU, the UK, and the USA by sector, and examines<br>their effectiveness with regard to their target, Russia. In addition, the impacts of the war in Ukraine and<br>the sanctions on Finland’s foreign trade and Finnish companies are assessed.<br></p>
dc.publisherCentrum Balticum Foundation
dc.relation.ispartofseriesBSR Policy Briefing
dc.titleSanctions against Russia, their effectiveness and impacts on Finland
dc.identifier.urlhttps://www.centrumbalticum.org/files/5446/BSR_Policy_Briefing_11_2022.pdf
dc.identifier.urnURN:NBN:fi-fe2022121772429
dc.relation.volume11
dc.contributor.organizationfi=Pan-Eurooppa Instituutti, yhteiset|en=Pan-European Institute|
dc.contributor.organization-code2608210
dc.converis.publication-id177295396
dc.converis.urlhttps://research.utu.fi/converis/portal/Publication/177295396
dc.okm.affiliatedauthorMäkinen, Hanna
dc.okm.discipline512 Business and managementen_GB
dc.okm.discipline512 Liiketaloustiedefi_FI
dc.okm.internationalcopublicationnot an international co-publication
dc.okm.internationalityDomestic publication
dc.okm.typeReport
dc.publisher.countryFinlanden_GB
dc.publisher.countrySuomifi_FI
dc.publisher.country-codeFI
dc.year.issued2022


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