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Sanctions as an element of geopolitical blow against Russian capability in war with Ukraine
Moiseeva, Daria ; Romancov, Michael (vedoucí práce) ; Landovský, Jakub (oponent)
War in Ukraine shaped the future of Europe and determined future relationship between Russia and Western allies. Sanctions - preferred geopolitical method of punishment of the West - were imposed on Russian economy. This included individual sanction, trade embargoes and oil price cap, financial sanctions on Russian institutions and banks, SWIFT disconnection. This work is taking a look at different spheres of Russia and finds how sanctions affected them. As a result, there were found some mechanism problems with individual sanctions. Russian trade patterns have changed, but this change is short term as its new economic partners consider Moscow as short-term solution. State of Russian government finances is fragile. Russia will get poor and stagnate slowly, but irrespectively. It is losing its geopolitical influence in Post- Soviet space and is trying to find new ways to project its power, for example, in Africa. BRICS grouping is experiencing its possible revival when Russia needs it the most. This war was started for Russia to increase its world power, but contrary Russia is losing geopolitical influence regardless of who will win the war. Keywords: Russia, European sanctions, economic and financial sanctions, war in Ukraine, economics and geopolitics, Russian gas and oil
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