Economic Resilience in Challenging Times: A Crossroads of Russia's Experience and Prospects for Iran

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
significance, as they have grappled with enduring economic and political sanctions imposed by Western powers. Over time, both Iran and Russia have confronted a series of sanctions targeting their economic and financial sectors. In response to the adverse effects of these sanctions, both nations have embraced a strategy of 'resistance.' Experts contend that financial and economic sanctions induce substantial shifts in a country's macroeconomic landscape, prompting the adoption of distinct policies and strategic orientations. Against this backdrop, this research undertakes a comprehensive examination and analysis of the discourses surrounding economic resistance and resilient economies in Iran and the Russian Federation, with a focus on elucidating their commonalities and disparities. The research methodology employed in this study is the SWOT analysis method. Findings reveal that both Iran and Russia, while contending with Western sanctions, have pursued the implementation of resilient economy and economic resistance strategies, respectively. Iran's resilient economy signifies a transition towards long-term economic resilience rooted in religious principles. Conversely, Russia's economic resistance constitutes a short-term response to sanctions driven by political considerations".
Language:
English
Published:
World Sociopolitical Studies, Volume:6 Issue: 4, Autumn 2022
Pages:
805 to 833
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