Theorising resilience: Russia’s reaction to US and EU sanctions

Guter-Sandu, Andrei; Kuznetsova, Elizaveta

doi:10.1080/21599165.2020.1743690

Cited by 5 publications

(3 citation statements)

References 40 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…All in all, by 2015-2017 it became quite obvious that the sanctions policy toward Russia is a strategic choice of the USA and the EU, and therefore, it would last for quite a long time. This has been double-proved by the community expert and by the most senior Russian officials (Hellquist 2019;Guter-Sandu and Kuznetsova 2020;Ershov and Tanasova 2020). Hence, it is obvious that the Russian economy must undergo some transformational changes.…”

Section: Resultsmentioning

confidence: 98%

Monetization of the Economies as a Priority of the New Monetary Policy in the Face of Economic Sanctions

Zenchenko

Strielkowski

Smutka

et al. 2022

JRFM

View full text Add to dashboard Cite

The purpose of this paper is to conduct a comparative analysis of monetization as a priority of the new monetary growth of the economies using the example of the Russian economy, identifying new trends in global practices of monetary factor management, as well as the search for ways to stimulate economic growth using the best international experience. Our paper tackles the novel research question of whether changing the priorities of monetary policy from targeting (and curbing) inflation to stimulating economic growth might yield more favorable economic results and what best world practices should be appropriately introduced in Russia to improve the effectiveness of monetary policy. The key results of the paper are focused on a comparative analysis of the economies’ development under the influence of monetary factors in comparison with the most progressive economies, the study of the best practices for increasing the monetization of national economies, and the identification of recommendations for determining the most optimal way to increase economic growth through the monetization of the economy. Monetarist views on the decisive role of fiat money in the development of the real sector of the economy, capital markets, payment and settlement systems, the standard of living of the population, and other important aspects of macro- and microeconomics have become the mainstream of government regulation. It seemed that by finding the right indicators of the relationship between interest rates, GDP, and inflation, all problems of economic growth could be solved. By increasing the amount of money faster than the achieved economic growth, it was believed that it was possible to stimulate GDP growth through monetary investments and credit, i.e., more money was issued than the value produced represented by the goods and services. Accordingly, new money that had no value had to create new value. We argue that monetization can be seen as the main factor in providing such incentives. Our results can be useful for central bankers, policymakers, and stakeholders in the banking and financial sector. The conclusions and recommendations of the authors are based on studies conducted using such research methods as content analysis, logical analysis, and statistical analysis.

show abstract

Section: Resultsmentioning

confidence: 98%

Monetization of the Economies as a Priority of the New Monetary Policy in the Face of Economic Sanctions

Zenchenko

Strielkowski

Smutka

et al. 2022

JRFM

View full text Add to dashboard Cite

show abstract

“…But both have one element in common – countering. This assessment shows that kontrpropaganda has been internalised as a journalistic ethic, which is inherently connected to the complex of national identity and self-identity as a journalist (Guter-Sandu and Kuznetsova, 2020). Both are often conflicting in their normative dimensions.…”

Section: Countering As a Journalistic Ethicmentioning

confidence: 99%

Kontrpropaganda today: The roots of RT’s defensive practices and countering ethic

Kuznetsova

2021

Journalism

Self Cite

View full text Add to dashboard Cite

This article argues that the institutional practices and journalistic ethics on RT, formerly Russia Today, have been influenced by the Soviet kontrpropaganda tradition, a defence mechanism against anti-communist narratives. RT’s post-Soviet institutional structure has enabled the continuation of inherently ‘defensive’ practices in a way that they form a ‘countering’ ethic on the network. While kontrpropaganda informs the journalistic culture of RT’s Russian staff, its international journalists are socialised into it. This article uses historical texts, archival materials and interviews with current and former journalists of RT and the Rossiya Segodnya network to examine how these defensive practices have become an everyday norm. In their strive for broadening the audience and for changing public opinion in the West, RT’s staff adopts reactive, patriotic or legitimising practices. The countering ethic on RT informs the journalists’ scramble for legitimacy not only of Russia as a country but also of RT as their employer. By analysing the underpinnings that organise the work of RT journalists, the article sheds light on broader problems of countering as a status-seeking effort in the international media ecosystem and contributes to ongoing research on self-censorship and conspiracy theories.

show abstract

“… 3 For example, in the case of Russia, President Putin has primarily referred to the country’s resilience towards the sanctions imposed by the West (Guter-Sandu and Kuznetsova 2020 ), the broader challenges of the EU and US in the post-Soviet space (CAN 2020 ; White 2018 ) or more recently fluctuations in oil prices (Weltman 2020 ). For Indian Prime Minister Modi, the need to enhance resilience has been articulated in relation to potential economic crises (FE Bureau 2019 ), the range of values that it seeks to promote in the world order (Xavier 2020 ), and more recently the supply of utilities during the coronavirus crisis (All India 2020 ).…”

mentioning

confidence: 99%

Resilience and the world order: the EU and the RIC states

Nitoiu

Pasatoiu

2020

Int Polit

View full text Add to dashboard Cite

The aim of the article is to analyse the way the RIC (Russia, India and China) states understand resilience in the world order. In doing so, the article compares their interpretation to that developed by the European Union (EU). The first part of the article surveys the way the literature has analysed the role of resilience in the foreign policy of the EU. One of the main findings here is that the mainstream interpretation of resilience tends to be rather circular and leads to process of securitisation of the external environment. The second part of the article then presents and applies to the case of the RIC states a more nuanced framework that examines resilience along three complementary dimensions: resilience as ontology (attribute), as process and as outcome (agency and intentionality).

show abstract

Theorising resilience: Russia’s reaction to US and EU sanctions

Cited by 5 publications

References 40 publications

Monetization of the Economies as a Priority of the New Monetary Policy in the Face of Economic Sanctions

Monetization of the Economies as a Priority of the New Monetary Policy in the Face of Economic Sanctions

Kontrpropaganda today: The roots of RT’s defensive practices and countering ethic

Resilience and the world order: the EU and the RIC states

Contact Info

Product

Resources

About