Subject. This article discusses the resilience of the Russian economy to international sanctions. Objectives. The article aims to develop an economic model that ensures Russia's technological sovereignty and the development of foreign economic relations. Methods. For the study, we used a statistical analysis. Results. The article proposes an author-developed methodology for assessing the degree of openness of the economy of a region (country). It finds that the rejection of self-isolation and reliance on high-tech technologies are the main characteristics of a boundedly open economy, which makes it possible to ensure Russia's presence in foreign markets and protect the interests of Russian producers. Relevance. The use of the developed methodology in the practice of strategic planning will improve the efficiency of the planning and forecasting work of the executive authorities in the constituent entities of the Russian Federation.
Keywords: sanctions, sustainable development, integration, open economy
References:
Khmeleva G.A., Kherbek A. [Foreign experience in overcoming sanctions and lessons for the economy of the Russian Federation]. Vestnik Samarskogo gosudarstvennogo ekonomicheskogo universiteta = Vestnik of Samara State University of Economics, 2022, no. 3, pp. 9–17. URL: Link (In Russ.)
Narbut V.V., Shpakovskaya E.P. [Russia's foreign trade trends under sanctions]. Vestnik Instituta ekonomiki Rossiiskoi akademii nauk = Bulletin of Institute of Economics of the Russian Academy of Sciences, 2023, no. 2, pp. 131–148. URL: Link (In Russ.)
Narbut V.V., Tolmachev M.N., Shnaider O.V. [Russian exports and imports of trade partners: bilateral asymmetries in statistics]. Vestnik Kazanskogo gosudarstvennogo agrarnogo universiteta = Vestnik of Kazan State Agrarian University, 2022, vol. 17, no. 3, pp. 154–162. URL: Link (In Russ.)
Kurnikova M.V. [Determinants of the external economic division of the territory: regional aspect]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2022, no. 4, pp. 423–430. (In Russ.)
Kurnikova M.V. [Conceptual framework for cross-border governance]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2022, no. 2, pp. 745–749. (In Russ.)
Khmeleva G.A., Kurnikova M.V., Kostromin K.O. [Limitations and innovations in cross-border cooperation of the Samara Region at the present stage]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2022, no. 9, pp. 489–494. (In Russ.) URL: Link
Shida Y. Russian Business under Economic Sanctions: Is There Evidence of Regional Heterogeneity? Post-Communist Economies, 2020, vol. 32, iss. 4, pp. 447–467. URL: Link
Christie E.H. The Design and Impact of Western Economic Sanctions against Russia. The RUSI Journal, 2016, vol. 161, iss. 3, pp. 52–64. URL: Link
Davis C.M. The Ukraine Conflict, Economic-Military Power Balances and Economic Sanctions. Post-Communist Economies, 2016, vol. 28, iss. 2, pp. 167–198. URL: Link
Silva II P.M., Selden Z. Economic Interdependence and Economic Sanctions: A Case Study of European Union Sanctions on Russia. Cambridge Review of International Affairs, 2020, vol. 33, iss. 2, pp. 229–251. URL: Link
Zhao T. Sanction Experience and Sanction Behavior: An Analysis of Chinese Perception and Behavior on Economic Sanctions. Contemporary Politics, 2010, vol. 16, iss. 3, pp. 263–278. URL: Link
Kim D.H. Coercive Assets? Foreign Direct Investment and the Use of Economic Sanctions. International Interactions, 2013, vol. 39, iss. 1, pp. 99–117. URL: Link
Guo L., Wang S., Xu N.Z. US Economic and Trade Sanctions against China: A Loss-Loss Confrontation. Economic and Political Studies, 2023, vol. 11, iss. 1, pp. 17–44. URL: Link
Afanasyev A.A. [Concerning the assessment of the impact of international sanctions on Russian industry]. Ekonomicheskie otnosheniya = Journal of International Economic Affairs, 2022, vol. 12, no. 2, pp. 179–194. (In Russ.) URL: Link
Erokhina E.A. Teoriya ekonomicheskogo razvitiya (sistemno-samoorganizatsionnyi podkhod): monografiya [Theory of economic development (system-self-organizational approach): a monograph]. Tomsk, Tomsk State University Publ., 1999, 160 p.
Petrov M.V. [Financing Russia's innovative development amid growing geopolitical tensions and international sanctions]. Voprosy innovatsionnoi ekonomiki = Russian Journal of Innovation Economics, 2023, vol. 13, no. 1, pp. 77–92. (In Russ.) URL: Link
Maksimtsev I.A., Kostin K.B., Lukashenko D.K., Onufrieva O.A. [Optimal business models for domestic companies under sanctions restrictions]. Ekonomika, predprinimatel'stvo i pravo = Journal of Economics, Entrepreneurship and Law, 2023, vol. 13, no. 6, pp. 1729–1746. (In Russ.) URL: Link
Khmeleva G.A., Kostromin K.O., Skreblov N.I. [Current state and risks of development of border geostrategic territories]. Vestnik Evraziiskoi nauki, 2023, vol. 15, no. 1. (In Russ.) URL: Link
Afanas'ev A.A. Formirovanie ogranichenno otkrytoi ekonomiki suverennogo tipa v sovremennoi Rossii: monografiya [Formation of a limited open economy of a sovereign type in modern Russia: a monograph]. Moscow, Pervoe ekonomicheskoe izdatel'stvo Publ., 2022, 108 p. URL: Link
