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Russia’s Foreign trade in 2016


  • Volovik Nadezhda

    (Gaidar Institute for Economic Policy)


In early 2017, international financial organizations adjusted their short- and medium-term forecasts. The World Bank report Global Economic Prospects[1], released in January 2017, and estimated global growth in 2016 at a post-crisis low of 2.3%. It was noted that growth in emerging markets and developing economies (EMDEs) is projected to rise in 2017 to 2.7%, reflecting receding obstacles to activity in commodity exporters and continued solid domestic demand in commodity importers. An increase in commodity prices will trigger the bottoming out in the largest emerging markets, including Russia and Brazil.

Suggested Citation

  • Volovik Nadezhda, 2017. "Russia’s Foreign trade in 2016," Published Papers ppaper-2017-280, Gaidar Institute for Economic Policy, revised 2017.
  • Handle: RePEc:gai:ppaper:ppaper-2017-280

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    More about this item


    Russian economy; foreign trade; terms of trade; regional pattern;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F19 - International Economics - - Trade - - - Other

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