Journal of Social Commerce
Vol. 5 No. 1 (2025): Journal of Social Commerce

Economic Consequences of Western Sanctions on Russia and the Evolution of Alternative Trade Networks

Mardan, Nawrs Sarhan (Unknown)
Al-Sharifi , Atard Awad (Unknown)
Al-Maamouri, Abdul Ali Kazim (Unknown)



Article Info

Publish Date
17 Jun 2025

Abstract

The research looks into how Western sanctions influence the Russian Federation and what outcomes they have intended and unintended effects. The main effect of the sanctions is that Russia has had to scale back its economy, reduce GDP growth and lose connections with other countries. Yet, Russia has overcome these obstacles by dealing with non-Western countries, increasing its own production and further enforcing strong rule over its systems. Because of these sanctions, some countries are choosing to strengthen their cooperation with those willing to dodge the restrictions. The study points out that, along with these big economic shifts, business trading habits are starting to change, for example with more interest in decentralized and digital versions, as the isolated economy continues to develop. Although sanctions aim to slow down the Russian economy and make its leaders surrender, their lasting success is not clear, reflecting the complexity of world economic ties and Russia’s ability to change strategies over time.

Copyrights © 2025






Journal Info

Abbrev

jommerce

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Social Commerce with ISSN 2809-9303 (Online) and 2809-929X (Print) is an international journal published by Celebes Scholar pg. The Journal of Social Commerce aims at providing platform for scholars, researchers, practitioners, professors, and students to publish their literary work in ...