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According to the latest projections released by the WTO, this year the global trade growth rate is going to decrease to 4.4% from its previous level of 4.7% in 2017. In its annual report, the WTO Secretariat warns that the threats voiced by the USA that it may impose duties on imports of goods...
Persistent link: https://www.econbiz.de/10012909012
Persistent link: https://www.econbiz.de/10009501127
Russian exports of services in 2017 grew by 14%. To achieve the export target set by the President's decree of May 7, 2018 to the tune of $100 billion over the next six years, annual growth of 9% will be required. Import of services in 2017 grew by 19% mainly due to 30% increase in traveling...
Persistent link: https://www.econbiz.de/10012917284
In 2018, Russian exports of services increased by 12.4%. This dynamic growth is of a recovery nature. However, it may slow down after it has attained the pre-crisis volumes seen in 2013. In 2018, imports of services rose by 6.6%, having stopped growing in Q4 because of the dynamics of the...
Persistent link: https://www.econbiz.de/10012868301
This paper estimates the influence of the service sector's liberalization on service flows in transition economies and on productivity of the Russian industry that uses these services as intermediate consumption. Empirical analysis of the international statistics shows that service trade between...
Persistent link: https://www.econbiz.de/10014167557