Abstract

The article is devoted to the influence of Western countries’ sanctions on the current state of the Russian touristmarket. The tourist services market of the period before sanctions is compared with its modern condition. Thereasons of the exit tourism crisis and their connection with sanctions against Russia are analyzed.

Highlights

  • The classical definition of sanctions associates them with the coercive measures of political or economic character, applied to a country, which is considered to violate international law

  • The sanctions imposed by the USA, EU and other countries on Russia in 2014 and the retaliatory food embargo by the RF are a grave confrontation of Russia and the West in the modern post-Soviet history

  • The first round of sanctions (March 2014) by the USA, EU, Australia, New Zealand and Canada implied travel bans and asset freezes for RF citizens included into special lists

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Summary

Introduction

The classical definition of sanctions associates them with the coercive measures of political or economic character, applied to a country, which is considered to violate international law. As a matter of fact, one of the ideas of the sanctions concept is in imposing the maximal harm on the people of the country under the sanctions This is done to make the people more actively influence its government in order to change the social-economic and political conditions. Sanctions lead to lowering the living standard of people, to degradation of social sphere and services, and the reduction of tourist trips and tourist expenses is a sign of such degradation. Note that these two indicators (tourist trips and tourist expenses) are the key indicators of the development of the national and international tourism. The results of statistical and econometric modelling to tourist trips and tourist expenses are used to estimate the condition and to predict the tourism development in different countries (Brida, Lanzilotta, Lionetti, & Risso, 2010; Divisekera, 2010; Nicolau & Más, 2005)

Russian Tourism before Economic Sanctions
Findings
Sanctions and Tourism
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