Template-Type: ReDIF-Paper 1.0 
Author-Name: Barinova Vera 
Author-Name-First: Vera 
Author-Name-Last: Barinova 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name: Zemtsov Stepan 
Author-Name-First: Stepan 
Author-Name-Last: Zemtsov 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name: Demidova Ksenia 
Author-Name-First: Ksenia 
Author-Name-Last: Demidova 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name: Levakov P. 
Author-Name-First: P. 
Author-Name-Last: Levakov 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: Business activity of small and medium-sized enterprises in Russia in the context of sanctions 
Abstract: 2022  demonstrated  intensification  of  sanction  pressure  on  the  Russian Federation.  Consumer  demand  contracted  against  the  backdrop  of  inflation coupled with the rising cost of borrowing, many entrepreneurs faced the risk of bankruptcy. Under pressure from unfriendly countries, many large foreign companies left Russia, and established supply chains were severed. The release of jobs, caused by the closure of a number of industries, created the preconditions for the development of forced entrepreneurship, mainly for people who lost their jobs. Small and medium-sized enterprises suffered both from the imposed restrictions and the ensuing decline in consumer demand, and therefore became one of the objects of the anti-crisis state policy. 
Classification-JEL: C53, E37, I18, I19, L21, L52 
Keywords: Russian economy, small businesses, medium-sized enterprises, sanctions 
Creation-Date: 2023 
Revision-Date: 2023 
Length: 12 pages 
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2023-1285.pdf 
File-Format: application/pdf 
File-Function: Revised Version, 2023 
Handle: RePEc:gai:ppaper:ppaper-2023-1285