Graduation Year

2020

Date of Submission

12-2019

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

International Relations

Reader 1

Hilary Appel

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Terms of Use for work posted in Scholarship@Claremont.

Abstract

The United States, the European Union and allies responded to the Russian Federation’s 2014 Annexation of Crimea with economic sanctions. After providing a basic understanding of Russia’s political economy and rent redistribution economic system, this paper supplies an overview of the Western sanctions within Russia’s three economic sectors — the energy industry, the defense industry, and the financial system. From there, I make an analysis of the Russian response to the sanctions is within each sector. Furthermore, I argue that the United States supports ulterior motives for implementing the economic sanctions. Concluding with the effects of the sanctions to Russia's domestic, economic, and political climate and how that affects Russia's role as an actor in the international community.

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