Russia, a major player in Gas, iron and steel exports market has been hit with unprecedented levels of sanctions by virt
Posted: Wed Mar 09, 2022 8:30 am
Russia, a major player in Gas, iron and steel exports market has
been hit with unprecedented levels of sanctions by virtually all
major political and economic blocs of the global economy for its
invasion of Ukraine. The objective of these sanctions is to hurt
the Russian economy and therefore cutting of flow of financial and
goods flow from and to Russia. These sanctions whilst it will hurt
most Russia but it is not lost on world leaders that it will affect
the world market for which Russia is a major actor.
Task: investigate the indirect impact of these sanctions on The
Gambian Economy. It will be interesting to look at the effect on
output/income, net exports, net capital flow, exchange rate, price
level. Also, how is it going to affect communications and
transportation, and constructions sub sectors of the economy
been hit with unprecedented levels of sanctions by virtually all
major political and economic blocs of the global economy for its
invasion of Ukraine. The objective of these sanctions is to hurt
the Russian economy and therefore cutting of flow of financial and
goods flow from and to Russia. These sanctions whilst it will hurt
most Russia but it is not lost on world leaders that it will affect
the world market for which Russia is a major actor.
Task: investigate the indirect impact of these sanctions on The
Gambian Economy. It will be interesting to look at the effect on
output/income, net exports, net capital flow, exchange rate, price
level. Also, how is it going to affect communications and
transportation, and constructions sub sectors of the economy