Sanctions and import substitution as exemplified by the experience of Iran and China


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Abstract

The problem of the effectiveness of external sanctions as an instrument of pressure on three states that have adhered to but have abandoned the course of self-reliance is considered. The constructive base of this study is the idea of a conservative project that finds its imperative in reindustrialization. It is shown that the experience of new Russia has yielded the worst results, while China has demonstrated the best outcomes. Iran falls in between.

About the authors

A. I. Salitskii

Primakov Institute of the Global Economy and International Relations

Author for correspondence.
Email: sal.55@mail.ru
Russian Federation, Moscow

Xin Zhao

Institute of the Global Economy and Politics

Email: sal.55@mail.ru
China, Beijing

V. I. Yurtaev

Peoples’ Friendship University of Russia

Email: sal.55@mail.ru
Russian Federation, Moscow


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