The economics of sanctions as a modern trend of neo-institutionalism

Author:

VOSKRESENSKII Vladimir Yu.1,KUTAITSEVA Ol’ga N.1

Affiliation:

1. Institute of Industrial Economics and Management

Abstract

Subject. The article considers sanctions as a tool for achieving political goals. Objectives. The aim is to identify the impact of sanctions on certain sectors of the economy, specifically, on the hospitality and tourism industry. Methods. The study draws on methods of analysis, synthesis, generalization, induction, and deduction. Results. The paper states that the delimitation of spheres of influence of rival factions will facilitate the lifting of sanctions. There will be a revaluation of values in the sectoral structure of the economy. Conclusions. During the sanction period, the importance of domestic tourism will increase. One of important tasks of the bodies of legislative power is to ensure the regulatory and legal support to this sector.

Publisher

Publishing House Finance and Credit

Subject

General Medicine

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3. Novosel’tsev B.S. [Preparation of the Belgrade conference of nonaligned countries of 1961]. Vestnik moskovskogo universiteta. Seriya 8: Istoriya = Moscow University Bulletin. Series 8: History, 2013, no. 6, pp. 64–75. URL: Link (In Russ.)

4. Vopilovskii S.S. [Management of Arctic innovation projects – the vector of Russia’s economic breakthrough]. E-Management, 2021, vol. 4, no. 3, pp. 34–42. (In Russ.) URL: Link

5. Matreshina D.E., Maryshev A.A. [Russia at the turn of the world economy]. Upravlencheskoe konsul'tirovanie = Administrative Consulting, 2021, no. 8, pp. 43–55. (In Russ.) URL: Link

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