Russian Agriculture: The Impact of Sanctions

15 Pages Posted: 14 Oct 2015

See all articles by Natalia Shagaida

Natalia Shagaida

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research; Gaidar Institute for Economic Policy

Natalia Karlova

Gaidar Institute for Economic Policy

Vasily Uzun

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Renata Yanbykh

Gaidar Institute for Economic Policy

Multiple version iconThere are 2 versions of this paper

Date Written: 2014

Abstract

On 7 August 2014 Russia introduced restrictions on import of food products from countries of the European Union, the US, Canada, Norway and Australia (hereinafter – retaliatory sanctions) in response to their sanctions against Russia driven by political developments in the Ukraine. This step astonished a lot of people in the country and even more so abroad as at the moment of enforcing retaliatory sanctions Russia remained a large-scale importer of foodstuffs. For many years one could observe an upward trend in imports of agricultural and food products that by 2013 amounted to $43.2bn.

Keywords: The impact of sanctions

Suggested Citation

Shagaida, Natalia and Karlova, Natalia and Uzun, Vasily and Yanbykh, Renata, Russian Agriculture: The Impact of Sanctions (2014). Available at SSRN: https://ssrn.com/abstract=2658006 or http://dx.doi.org/10.2139/ssrn.2658006

Natalia Shagaida (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia
+74956292971 (Phone)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Natalia Karlova

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Vasily Uzun

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia
+79161656932 (Phone)

Renata Yanbykh

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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