In November 2018, the Organization for Economic Development and Cooperation (OECD) presented its updated forecasts2, according to which global economic growth would slow down from the current 3.7 percent (the OECD's estimate as of 2018) to 3.5 percent in 2019–2020. Earlier, the OECD's experts...

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...

In 2016, the growth rates of world economy hit the all-time low since the global financial crisis and constituted 3.2 percent. However, the global economy is experiencing a broad-based cyclical upturn started in mid-2016 is gaining momentum. In this context, international financial organizations...

A complicated global economic situation has a negative effect on development of the foreign economic sphere of the Russian Federation. Early in 2013, worsening of the trade balance of the Russian Federation was observed: with reduction of export supplies import has increased. The member-states...

In September 2015, the Russian foreign trade turnover was contracting. Deterioration of relations with Turkey, which is a major trading and economic partner of the Russian Federation, added to many negative factors affecting Russian foreign trade

Prevailing Russia's export commodity pattern failed to take advantage of the ruble depreciation and increase commodities export. Export dynamic as before is determined by the impact of the reduction of global prices on main Russian export commodities. Russia's import is affected by the negative...

Downtrend forecast of the global economy, unfavorable conditions of the global markets, contraction in the real sector of the economy due to inflation, sharp growth of credits and anti-Russian sanctions, ban on the import of certain types of foodstuffs from the countries which introduced...

Continued contraction of the Russian foreign trade turnover is accompanied by adjustments both in commodity composition of trade and its regional pattern. Deteriorated terms of trade posted in H1 2015 became main determinant of the trade balance reduction against H1 2014. The Russian Federation...