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FOREIGN TRADE IMPORTANCE FOR RUSSIAN ECONOMY: RESULTS Of 2014

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  • G. V. Kuznetsova

Abstract

Foreign trade represents the most important component of Russian economy and foreign economic relations. The economic, political, social dependence on productivity of export-import transactions is excessive. That once was confirmed by results of 2014 when the external political and economic environment led to recession of GDP, the inflation growth, decrease in gold and foreign exchange reserves. The modernization of the most advanced countyeconomies including the growth of an innovative component doesn't touch Russia yet, and the country keeps a place of the supplier of fuel raw materials to the world market. Taking in the mind that a strategic objective of Russia an achievement of the level of the economic and social development corresponding to the leading world power of the XXI century is, the support of high-tech industries and stimulation of research and development have to be solved. Modernizations of infrastructure and creation of conditions for attraction of private investments; formations of mechanisms of stimulation of non-oil export; improvements of business climate.

Suggested Citation

  • G. V. Kuznetsova, 0. "FOREIGN TRADE IMPORTANCE FOR RUSSIAN ECONOMY: RESULTS Of 2014," International Trade and Trade Policy, ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова", issue 2.
    • Handle: RePEc:acl:journl:y::id:15
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