Strategic Approaches to Sustainable Development Economies under Multiple Sanctions

Abstract

Various kinds of punishments and coercion, currently commonly referred to as sanctions, have a long history. After the Second World War, in addition to the UN, a number individual states and groups of states use them not only in order to force others to comply with international law, but also to achieve the goals pursued by sanctions. These goals have included also the elimination of the leadership of the leadership of countries, the change of the political system, the destruction of the economy. The Democratic People’s Republic of Korea (since 1950), the Republic of Cuba (since 1960), the Islamic Republic of Iran (since 1977), the Bolivarian Republic of Venezuela (since 2017) have been living under such sanctions for many years. The USSR was under sanctions pressure, and now is the Russian Federation. The purpose of this work was a political-economic study of the nature of possible strategies for the progressive development of the country’s economy in the conditions of economic, scientific, technological, informational, cultural and educational isolation from a number of states of the world community. The completed research led the author to the conclusion that under unprecedented scale and enormous force of anti-Russian sanctions is advisable for the Russian Federation to focus on reviving its own economy, on solving internal issues and to respond to sanctions with counter-sanctions only to the extent that the latter restrain the progressive development of Russia. In order to do this they should strive to do the following: to increase the population, to raise the standard of living and education, to achieve import and export independence, find new friends and partners, to get away from the American dollar, to create a legislative, business, scientific, educational and information environment favorable for development, to have a developed infrastructure.