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How Does Russia Avoid the Economic Impacts of Western Sanctions?Joy, Matthew January 2024 (has links)
Abstract This thesis discusses how the impact and effectiveness of sanctions has shifted to be less significant in parallel with the shift to global multipolarity from a previously bipolar world. This topic is analysed by conducting a comprehensive case study of how Russia, despite being the most sanctioned state in the world, is able to maintain its economic stability and even growth due to the new multipolar landscape of global power relations. The case of Russia’s avoidance of sanctions is analysed by conducting a mixed method case study which uses both qualitative and quantitative data through the theoretical framework of Realism and Realist conceptualisations of power. This thesis contributes to the academic discussion regarding sanctions by building upon Early’s (2009) triadic model to describe more accurately the methods by which third party states assist in the avoidance of sanctions. Through this case study, Russia’s success at sanction avoidance is attributed to the involvement of third-party states in circumventing sanctions’ restrictions.
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