The Impact of International Sanctions on Ukraine's Sustainable Development in the Context of Russian Cyberwarfare
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Abstract
Ukraine's sustainable development has been profoundly affected by Russia's continuing international sanctions especially in relation to the increased use of cyber warfare by Russia. There are many effects of the sanctions such as loss of supply chains, low foreign direct investment, and enhancement of the levels of threat to the country’s cyberspace, the research states. The study does look into this structural and economic problem from several angles, including: challenging the microeconomics of the problem: the exchange of information among the players involved, the potential economic gain that is prevented, the wasted economic gain, the cut-off supply lines, etc. Real-world data, policy review and interviews with relevant parties indicate that these are issues of, amongst others, trade network breakdown, flight of foreign investment and rise in cyber insecurity. Also, it looked at the relationship between the sanctions imposed and the threats posed by cyber warfare and how these two elements make Ukraine’s sustainability processes painstakingly long. The findings underscore the need for a proactive intervention plan severely fortified by cyber security strategies. This underlines the need for Ukraine to employ a comprehensive approach where both the short term strategies aimed at countering sanctions and the broader threat of cyber warfare are designed to support economic expansion, as effective within the given limitations.
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