Impacts of the Ukrainian crisis on the Russian economy

This thesis aims to set a complex view on the economy of the Russian Federation and evaluate its current state in the context of the ongoing Ukrainian crisis which started in 2014. During this period significantly changed the situation on the oil market and at the same time there were introduced sanctions against Russia because of its involvement in the conflict. Therefore, Russia introduced its own sanctions in return. What is the cause of the current Russian economic crisis will try to uncover this thesis in three chapters. First chapter is dedicated to the Ukrainian crisis and to the role of Russia within the conflict. Second part analysis the Russian economy, its specifics and efficiency. Last chapter examines the impacts of the sanction regime, decrease of oil prices and the related lack of diversification and dependency on export of the recourses in the context of the monetary and fiscal policy and the impact on the selected sectors of the economy and international trade.