UDC 339.982

SANCTIONS AGAINST RUSSIA. ANALYSIS OF THE IMPACT OF THE ECONOMIC CRISIS ON THE RETAIL TRADE.

Zakharova Elena Vladimirovna1, Maier Maria Victorovna2
1Federal State Educational Institution of Higher Professional Education St. Petersburg State University of Trade and Economics, Ph.D., Associate Professor of Foreign Trade and Trading Business
2Federal State Educational Institution of Higher Professional Education St. Petersburg State University of Trade and Economics, Assistant, Chair of Foreign Trade and Trading Business

Abstract
This article examines the impact of sanctions against Russia in the current economic conditions. Sanctions - punitive social, economic and diplomatic actions in relation to the state, to violate international law. The final impetus for the "decisive" action of the West were the political developments in Ukraine and the subsequent conduct of the referendum, which declared independence from the peninsula of Ukraine and further attaching it to the Russian Federation. The author gives examples of the negative impact of sanctions on the economy of Russia and the countries of the West. We consider the opinions of experts, such as review its policy of doing business and rebuild activity under the circumstances, as well as to analyze and evaluate the current situation and identify the main areas of work. Analyzes the retail network in terms of sanctions.

Keywords: banking sector, economic crisis, experts, impact of business, purchasing power, retail, retail chains, sanctions


Category: 08.00.00 Economics

Article reference:
Sanctions against Russia. Analysis of the impact of the economic crisis on the retail trade. // Modern scientific researches and innovations. 2015. № 4. P. 3 [Electronic journal]. URL: http://web.snauka.ru/en/issues/2015/04/51586

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