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In this note, we review recent data concerning Russia's economic integration with other countries. We first analyze the general picture of Russia's economic integration with the rest of the world and the importance of foreign economic relations for the country. We then turn to China, an...
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To assess the welfare effects of bilateral versus multilateral trade and/or investment liberalisation in general equilibrium, we set up a three-country and three-factor knowledge-capital model of trade and multinational activity. Numerical simulation results indicate that multilateral...
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With the ongoing trade normalisation process between India and Pakistan, opportunities to integrate have opened up between both countries. The pharmaceutical sector is crucial to health issues in developing economies and would be an ideal segment to focus on in improving trade relations between...
Persistent link: https://www.econbiz.de/10010404687
The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese reforms, especially with respect to manufacturing trade, have gone further and that this is likely...
Persistent link: https://www.econbiz.de/10003746305
In January 2013, the trend of reduction of Russian export continued. At the same time, Russia's accession to the WTO, liberalization of the Russian trade regime due to the above factor and appreciation of the ruble contributed to growth in purchases of goods from abroad
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In November 2012, the negative dynamics of Russia's main foreign trade indices was observed, which situation reflects a drop both in domestic and external demand. Having become a full member of the World Trade Organization, Russia has started to utilize instruments developed by the WTO for...
Persistent link: https://www.econbiz.de/10013086025
In October 2012, growth in the Russian foreign trade turnover took place as a result of expansion of trade relations with far abroad states. In October 2012, the value of Russian import amounted to the record-high level in the entire period of observation. At the same time, the number of...
Persistent link: https://www.econbiz.de/10013087984