Russia’s economic policy under sanctions and John M. Keynes’s “General theory of employment, interest and money”

The relationship between supply and demand, the mechanism for ensuring effective demand, the role of unproductive expenditure, the importance of budgetary incentives, the problem of accumulation of reserves – the answers to these and other questions, explored by John M. Keynes in his “General Theory of Employment, Interest and Money”, have proven to be important even today, when the Russian economy continues to be under serious external restrictions, and the prospects for the world economy itself with its increasing fragmentation are becoming less certain.

Keynesianism, demand, supply, unproductive expenditure, budgetary incentives, economic policy