Template-Type: ReDIF-Paper 1.0
Author-Name: Vera Barinova
Author-Name-First: Vera
Author-Name-Last: Barinova
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Margarita Gvozdeva
Author-Name-First: Margarita
Author-Name-Last: Gvozdeva
Author-Workplace-Name: RANEPA
Author-Name: Stepan Zemtsov
Author-Name-First: Stepan
Author-Name-Last: Zemtsov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Small and medium-sized enterprises in Russia in the context of sanctions
Abstract: The 2022 sanctions crisis has led to a number of structural changes in the Russian economy: the severance of long-standing partnerships with companies from unfriendly countries;2 destruction of supply chains; restriction of imports of materials, components and technologies, some of which have no analogues in friendly countries; complication of financial transactions, etc.3 However, already in 2023, the Russian economy demonstrated positive dynamics (growth of household incomes and investment), which contributed to the improvement of the situation in the SME sector, as the demand for their goods and services, particularly in the hospitality, trade and entertainment sectors, was growing.
Classification-JEL: C53, E37, I18, I19, L21, L52
Keywords: Russian economy,small businesses, medium-sized enterprises, sanctions
Creation-Date: 2024
Revision-Date: 2024
Length: 8 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2024-1330.pdf
File-Format: application/pdf
File-Function: Revised Version, 2024
Handle: RePEc:gai:ppaper:ppaper-2024-1330