ISSN 2409-7616

Osipov V.S.


UDC 330.342.4                                                      


Osipov V.S.1,2 (Moscow, Russian Federation) –

1Lomonosov Moscow State University


Abstract. The political background of economic sanctions and their historical nature allow us to use for our research the methodology of political economy, as the science of social economic relations regarding the production, distribution, exchange and consumption of goods at various stages of development of human society. Political economy studies social relations in a historical aspect, that is, it reveals the economic laws of the emergence, development and replacement of some forms of production by others. The author of the term A. de Montchretien spoke about the set of rules for conducting business activities in the public administration system. Since the object of economic sanctions is a sovereign state, and also in connection with the historical process of economic restrictions, it seems to us correct to call the study of economic sanctions the political economy of sanctions. The purpose of the study is economic laws that characterize a significant, constantly recurring connection and interdependence of the phenomena and processes of introducing, using, implementing economic sanctions and countering them. The object of the study is economic sanctions, and the subject is public relations regarding the introduction, use, implementation of economic sanctions and counteraction to them. Political economy as a science uses methods of analysis and synthesis in the study of social relations to identify the totality of characteristic features and properties of the object of study, which is fully consistent with our goal. Methods of abstraction, comparison, forecasting and the concrete historical method will also be used. The article provides a political economic analysis of sanctions as a tool of protectionism. As a result of the proposed methodology of political economy, the author proves that the purpose of economic sanctions is not at all to ensure international security, but rather to achieve economic goals when implementing a policy of protectionism by the countries initiating economic sanctions. An analysis of the implementation of sanctions from a historical perspective provides grounds for developing a recipe for response measures to the imposed economic sanctions. The article shows data on the impact of economic sanctions on political processes in the world – the global energy and food crises, political processes in individual countries. The article provides recommendations for structural restructuring of the national economy to overcome sanctions pressure and the country’s transition to technological sovereignty and competitive import substitution.

Keywords: sanctions, system of economic relations, import substitution, sanctions war, protectionism.


  1. Abdrakhmanova L.V., Shchigortsova E.S. Economic sanctions and the problem of import substitution. Scientific review: theory and practice, 2022, vol. 12, no. 2 (90), pp. 227-234. (In Russian). DOI: 10.35679/2226-0226-2022-12-2-227-234
  2. Baleevskikh A.S. Anti-Russian sanctions and their impact on the foreign economic activity of the Russian Federation. Competitiveness in the global world: economics, science, technology, 2018, no. 1 (60), pp. 639-642. (In Russian). URL:
  3. Biryukova T.I., Veveritsa D.M. Sanctions against Russia in the future. Economics and Business: theory and practice, 2022, no. 5-1 (87), pp. 108-111. (In Russian). DOI: 10.24412/2411-0450-2022-5-1-108-111
  4. Drezner D. Useless sanctions invalidate necessary sanctions… International processes, 2018, vol. 16, no. 2 (53), pp. 175-185. (In Russian). DOI: 10.17994/IT.2018.
  5. Demidov K.B. Iran: are sanctions effective? Social sciences and humanities. Domestic and foreign literature. Series 9: Oriental and African Studies, 2021, no. 3, pp. 38-47. (In Russian). DOI: 10.31249/RVA/2021.03.04
  6. Eremeeva M. Business and sanctions: should we wait for construction sites to stop and companies to go bankrupt. Geoinfo, 2022, no. 3, pp. 60-63. (In Russian). URL:
  7. Evseev V.O. The model of sustainable state functioning in a planned market economy (a systematic approach). CITISE, 2022, no. 2 (32), pp. 581-591. (In Russian). DOI: 10.15350/2409-7616.2022.2.50
  8. Evseev V.O. Modeling conflict situations taking into account economic and political aspects. CITISE, 2019, no. 3 (20), pp. 13. (In Russian). URL:
  9. Ivshina G.G. Administrative and legal sanctions applied in the field of entrepreneurial activity. Administrative Law and Process, 2022, no. 11, pp. 53-56. (In Russian). DOI: 10.18572/2071-1166-2022-11-53-56
  10. Ivanov O.B., Buchwald E.M. Sanctions and countermeasures in the Russian economy (regional aspect). STAGE: Economic Theory, Analysis, Practice, 2022, no. 4, pp. 7-27. (In Russian). DOI: 10.24412/2071-6435-2022-4-7-27
  11. Osipov V.S. The political Economy of sanctions: subject and method. Bulletin of the Institute of Economics of the Russian Academy of Sciences, 2015, no. 2, pp. 102-115. (In Russian). URL:
  12. Osipov V.S. Introduction to the political economy of sanctions. CITISE, 2015, no. 2 (2).  (In Russian). URL:
  13. Poddubnaya Z.V., Shestakova E.V., Sobolev M.V. Sanctions as a destructive element of economic development. Open Science, 2023, vol. 5, no. 1, pp. 110-122. (In Russian). DOI: 10.51632/2658-7939_2023_5_1_110
  14. Rastvortsev E.E., Poberezhets E.A. Anti-Russian sanctions as a factor affecting the socio-economic situation of the country. Microeconomics, 2022, no. 4, pp. 34-38. (In Russian). DOI: 10.33917/mic-4.105.2022.34-38
  15. Sinitsyn S.A. Anti-Russian sanctions as instruments of economic aggression and war: selected issues of international and international private law. International public and private law, 2023, no. 4, pp. 2-4. (In Russian). DOI: 10.18572/1812-3910-2023-4-2-4
  16. Taisheva G.R., Taishev T.F. The state of the economy and logistics of the period of sanctions and sanctions. Russian Economic Bulletin, 2022, vol. 5, no. 6, pp. 289-292. (In Russian). URL:
  17. Kharlamov A.V. Sanctions as a factor of increasing instability of the modern world economy. Bulletin of the St. Petersburg State University of Technology and Design. Series 3: Economic, Humanitarian and Social Sciences, 2022, no. 2, pp. 18-23. (In Russian). DOI: 10.46418/2079-8210_2022_2_3
  18. Shlundt N.Yu., Emuzova E.A. Financial sanctions as an instrument of international influence: development trends and ways to increase political effectiveness. Modern science and innovation, 2019, no. 4 (28), pp. 232-239. (In Russian). URL:

For citation: Osipov V.S. The political economy of sanctions: sources of protectionism. CITISE, 2024, no. 1, pp. 373-384. DOI: