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Russia’s foreign trade in 2019

Author

Listed:
  • Volovik Nadezhda

    (Gaidar Institute for Economic Policy)

  • Knobel Alexander

    (Gaidar Institute for Economic Policy)

Abstract

Amid prolonged trade tensions, high political uncertainties and the COVID-19 pandemic, the global growth outlook has become much worse. In the past year, in global economic growth rates there was a dramatic slowdown both of international trade flows and global production activities. The growing tariffs and rapid changes in the trade policy led to the decline of business confidence and, consequently, restrained investment growth in most regions. Sluggish demand affected global prices of primary products, particularly, crude oil and commercial metals

Suggested Citation

  • Volovik Nadezhda & Knobel Alexander, 2020. "Russia’s foreign trade in 2019," Published Papers ppaper-2020-1045, Gaidar Institute for Economic Policy, revised 2020.
    • Handle: RePEc:gai:ppaper:ppaper-2020-1045
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2020-1045.pdf
    File Function: Revised Version, 2020
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    Cited by:

    1. Knobel Alexander & Firanchuk Alexander, 2021. "Внешняя Торговля В 2020 Г.: Преодоление Падения," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 3, pages 12-17, March.
    2. Knobel Alexander & Firanchuk Alexander, 2021. "Foreign Trade in 2020: Overcoming the Downturn [Внешняя Торговля В 2020 Г.: Преодоление Падения]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 12-17, March.

    More about this item

    Keywords

    Russian economy; foreign trade; terms of trade; regional pattern;
    All these keywords.

    JEL classification:

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

    NEP fields

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