Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...

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

In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...

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 April 2014, differently directed dynamics of export and import was observed and, as a result, the trade balance surplus increased. In the foreign trade turnover of the Russian Federation, the share of CIS countries has kept decreasing. G-20 countries continue to apply protectionist measures...

In February 2014, the main indices of the Russian foreign trade dropped considerably. The European Union submitted to the Secretariat of the World Trade Organization a query as regards consultations with the Russian Federation as regards measures affecting the import of live pigs, pork and pork...

In December 2013, low growth rates were displayed by both Russia's exports and imports. Nevertheless, in terms of value, the volume of foreign trade turnover hit its record high of the entire observation period. The Eurasian Economic Commission (EEC) continues its work adjusting the rates of the...

Early in 2015, a drop in the main indices of the Russian foreign trade amounted to the 2009 crisis level. The existing non-tariff barriers between the Russian Federation and the Republic of Belarus highly complicate trade

We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...

This paper presents descriptive evidence of specialisation trends and investigates empirically their causes and consequences, analysing the role of policies in this process. Then, based on the insights from the backward looking analysis, it draws global trade and specialisation scenarios up to...