In summary

  • Swinburne lecturer Dr Aron Perenyi comments on economic sanctions imposed on Russia, following the invasion of Ukraine
  • Wellbeing and support services are available to staff concerned about the situation
  • Practical support can be made through donations to the Australian Red Cross Ukraine Crisis Appeal  

Australia has joined the US and other Western allies in imposing sanctions on Russian President Vladimir Putin, his senior leaders, Russian banks and about 350 Russian citizens in response to the Russian attack on Ukraine. 

Swinburne Entrepreneurship and Innovation senior lecturer, Dr Aron Perenyi, says economic sanctions against Russia introduced in 2014 have resulted in reduced economic dependency on the West, with China emerging as a substitute economic partner. 

“Currently, there is an imbalanced economic dependency between Russia and the West as Russia is a key supplier of oil, gas and raw materials. 

“In the short term economic sanctions may be more harmful for the West. 

“These sanctions in Russia would most likely impact the economically vulnerable cohort of the population, which is unlikely to impact government actions, but may lead to some loss of political stability. 

“The long-term prospects of sanctions are potentially detrimental to both sides if a cold war style arms race between the European Union and Russia emerges out of the conflict.” 

The Swinburne community is deeply saddened by events in Ukraine. We acknowledge the concerns of our students, staff and alumni and are deeply concerned for the safety of those in Ukraine. 

Staff members who are concerned about the situation are invited to make use of Swinburne’s wellbeing and support services available, including the Employee Assistance Program. 

We understand many in the Swinburne community would like to offer practical support. If you would like to provide financial assistance, we encourage donations to be made through the Australian Red Cross Ukraine Crisis Appeal.   

Related articles

  • Vice-Chancellor Professor Pascale Quester, Chancellor Fellows Renée Roberts and Vi Peterson, and Chancellor Professor John Pollaers OAM stand together
    • University

    Swinburne confers new honorary positions as it turns 30 years young

    Swinburne turns 30 Years Young, as Chancellor Professor John Pollaers OAM confers new honorary Chancellor’s Fellow title on three key outgoing Council members.
    Friday 01 July 2022
  • Professor James Verdon and Distinguished Professor James Ogloff
    • University

    New Deans announced

    Swinburne has appointed new Deans to the School of Health Sciences and the School of Social Sciences, Media, Film and Education.

    Tuesday 05 July 2022
  • Students stand in the 360 degree viewing room called ‘Igloo’ at KIOSC, which shows a car.
    • Education
    • University

    Indigenous teens explore uni life at Swinburne

    A group of Clontarf Foundation Indigenous teens have had a first-hand look at Swinburne courses, taken part in science and technology demonstrations, and received advice from current students.

    Tuesday 05 July 2022
    • University
    • Sustainability

    Swinburne travel now entirely carbon neutral

    Swinburne has officially made approved travel – including individual staff flights, student flights, and indirect travel (accommodation and group transport) – carbon neutral, through the purchase of carbon offsets.
    Tuesday 28 June 2022
    • University

    Swinburne launches Australian-first reconciliation centre

    The National Centre for Reconciliation Practice will lead national academic, industry and community understandings of reconciliation, and help drive systemic change.

    Thursday 02 June 2022