Sanctions Against the Russian Rocket and Space Industry: Strategic Risks and Countermeasures
https://doi.org/10.26794/2220-6469-2024-18-2-69-83
Abstract
The relevance of the research is determined by current situation of the long-term targeted sanctions impact on the technological sectors of the Russian economy and strategic importance of ensuring sustainable development of the national space industry.
The purpose of the research is to review the external sanctions measures and to examine the possible extent of their influence on the development of the industry, to identify strategic risks and to propose priority goals and tools to achieve them within the framework of managing the task of maintaining the competitiveness of the Russian space sector.
Methods: the study was carried out on the basis of actual foreign legal framework analysis with the application of abstractlogical methods.
Scientific novelty: the author proposed comprehensive measures to support the sustainable development of the rocket and space industry under conditions of significant external restrictions.
Research results: the article systematizes the main current sanctions measures against the domestic space industry and puts forward mechanisms to counteract their negative impact.
Practical significance: the outcomes can be useful both for the scientific community and for decision-makers, who participate in the processes of strategic planning for the development of the national rocket and space industry.
Keywords
sanctions,
rocket and space industry,
risks,
strategic management,
technological sovereignty,
sustainable development
Supporting agencies: The paper was prepared on the research results carried out at the expense of budgetary funds within the framework of the government research assignment to the Financial University
About the Author
D. Yu. Makarova
Financial University; JSC “Organization “Agat”
Russian Federation
Russian Federation
Daria Yu. Makarova, junior researcher, leading specialist
Institute for Economic Policy and Problems of Economic Security; Faculty of Economics and Business; Strategic Planning and Operational Efficiency Directorate
Moscow
References
1. Glotov V. I., Nemtsov Yu. I. Economic sanctions as an element of hybrid war. Finansovye issledovaniya = Financial Research. 2019;(1):8–23. (In Russ.).
2. Kaempfer W. H., Lowenberg A. D. The political economy of economic sanctions. In: Sandler T., Hartle K., eds. Handbook of defense economics. Vol. 2. Amsterdam: North Holland; 2007:867–911. DOI: 10.1016/S1574–0013(06)02027–8
3. Sil’vestrov S.N., Eskindarov M. A., Bauer V. P., et al. Russian rocket and space industry: Institutional and economic development. Moscow: INFRA-М; 2016. 309 p. (In Russ.). DOI: 10.12737/19432
4. Shugurov M. V. International scientific and technical cooperation with Russia’s participation in the space sphere under sanctions: Results and prospects. Politika i obshhestvo = Politics and Society. 2023;(4):14–35. (In Russ.). DOI: 10.7256/2454–0684.2023.4.69123
5. Kochemasov V., Stroganova E. Foreign-made electronic components. Russian exports restrictions. Elektronika: Nauka, tekhnologiya, biznes = Electronics: Science, Technology, Business. 2013;(1):124–129. (In Russ.).
6. Testoedov N. A breakthrough is needed today. Russkii kosmos. 2022;(38):16–17. (In Russ.).
7. Wen J., Zhao X., Chang C.-P. The impact of international sanctions on innovation of target countries. Economics & Politics. 2022;36(1):39–79. DOI: 10.1111/ecpo.12231
8. Smeets M. Can economic sanctions be effective. World Trade Organization Staff Working Paper. 2018;(03). DOI: 10.30875/0b967ac6-en
9. Neuenkirch M., Neumeier F. The impact of UN and US economic sanctions on GDP growth. European Journal of Political Economy. 2015;40A:110–125. DOI: DOI: 10.2139/ssrn.2417217
10. Lenchuk E. B. Scientific and technological development in Russia under sanctions pressure. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia. 2022;(3):52–60. (In Russ.). DOI: 10.37930/1990–9780–2022–3–73–52–60
11. Sitkevich D. A., Starodubrovskaya I. V. Short- and long-term effects of sanctions: Evidence from Iran and Yugoslavia. Voprosy teoreticheskoi ekonomiki = Theoretical Economics. 2022;(3):77–98. (In Russ.). DOI: 10.52342/2587–7666VTE_2022_3_77_98
12. Chunmei Y., Wenyi M. The US high technology export control towards China. Journal of Business. 2016;1(2):13–16. DOI: 10.18533/job.v1i4.25
13. Yasinskii V. A., Kozhevnikov M. Yu. The struggle for technological sovereignty: China’s experience and lessons for Russia. Studies on Russian Economic Development. 2023;34(5):704–712. DOI: 10.1134/S1075700723050167 (In Russ.: Problemy prognozirovaniya. 2023;(5):196–209. DOI: 10.47711/0868–6351–200–196–209 ).
14. Lenchuk E. B. Technological modernization as a basis for the anti-sanctions policy. Studies on Russian Economic Development. 2023;34(4):464–472. DOI: 10.1134/S107570072304010X (In Russ.: Problemy prognozirovaniya. 2023;(4):54–66. DOI: 10.47711/0868–6351–199–54–66 ).
15. Lebedeva A. V. Concept of assessing the level of strategic risk in the current economic practice. Fundamental’nye issledovaniya = Fundamental Research. 2016;(12–1):170–175. (In Russ.).
16. Kuz’minov Ya. I. Import substitution in the Russian economy: Yesterday and tomorrow. Analytical report of the National Research University Higher School of Economics. Moscow: HSE Publ.; 2023. 272 p. (In Russ.). URL: https://elibrary.ru/item.asp?id=50338857
17. Chernyavskii G. M. Space activity in Russia: Problems and prospects. Vestnik Rossiiskoi akademii nauk = Herald of the Russian Academy of Sciences. 2013;83(9):799–806. (In Russ.). DOI: 10.7868/S086958731309003X
18. Batkovsky A. M., Ermakova Ya.M., Khrustalev O. E. Global Russian development strategy of rocket and space industry in modern conditions. Ekonomika i biznes: teoriya i praktika = Economy and Business: Theory and Practice. 2020;(7):27–32. (In Russ.). DOI: 10.24411/2411–0450–2020–10584
19. Borowitz M. The changing role of Russia in space. Open Publications. 2023;8(4):1–32. URL: https://issuu.com/spp_plp/docs/the_changing_role_of_russia_in_space
20. Rykova I. N., Shkodinsky S. V., Komarov I. I. Strategic imperatives of the Russian space industry development. Ekonomika. Nalogi. Pravo = Economics, Taxes & Law. 2021;14(3):44–55. (In Russ.). URL: https://cyberleninka.ru/article/n/strategicheskie-imperativy-razvitiya-rossiyskoy-kosmicheskoy-industrii?ysclid=lzttzd3ebj357523826
21. Romanov A. A., Urlichich Yu.M., eds. Digital transformation of space device engineering. Korolev: Central Research Institute for Machine Building; 2020. 397 p. (In Russ.).
Review
For citations:
Makarova D.Yu. Sanctions Against the Russian Rocket and Space Industry: Strategic Risks and Countermeasures. The world of new economy. 2024;18(2):69-83. https://doi.org/10.26794/2220-6469-2024-18-2-69-83
Views:
284
Email this article 