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Amidst the recovery from the impact of the COVID-19 pandemic, Russia’s war of aggression against Ukraine has resulted … sense of tension in the trading system. Russia’s war of aggression against Ukraine has added a new dimension of challenges … as it has led to deliberate radical interruptions of trade linkages between Russia, Ukraine and many industrialised …
Persistent link: https://www.econbiz.de/10014278852
export and a decrease in the import (as compared to September 2011). Russia's accession to the WTO has resulted neither in … sharp import growth, nor abolishment of restrictive measures against goods from Russia …
Persistent link: https://www.econbiz.de/10013089272
Oil price shocks impact the global economy, but the effects are not alike across the countries. While higher oil prices are beneficial to oil-exporting countries, they are harmful to economic performance of oil-importing countries. The opposite is also true for the lower oil prices. Nonetheless,...
Persistent link: https://www.econbiz.de/10014076423
Persistent link: https://www.econbiz.de/10013414871
The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...
Persistent link: https://www.econbiz.de/10012837986
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of sustainable economic development is being challenged by the...
Persistent link: https://www.econbiz.de/10014358380
Persistent link: https://www.econbiz.de/10011520280
The global impact of the COVID-19 pandemic has been staggering, with over 4.3 million confirmed cases and over 290,000 deaths reported worldwide. In addition to the public health crisis, the pandemic has caused significant economic disruption, leading to fears of a global recession. The...
Persistent link: https://www.econbiz.de/10014358379
domestic producers in a situation where Russia is a member of the World Trade Organization (WTO) …
Persistent link: https://www.econbiz.de/10013084782