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Russia’s Foreign trade in 2016

Nadezhda Volovik

Published Papers from Gaidar Institute for Economic Policy

Abstract: In early 2017, international financial organizations adjusted their short- and medium-term forecasts. The World Bank report Global Economic Prospects[1], released in January 2017, and estimated global growth in 2016 at a post-crisis low of 2.3%. It was noted that growth in emerging markets and developing economies (EMDEs) is projected to rise in 2017 to 2.7%, reflecting receding obstacles to activity in commodity exporters and continued solid domestic demand in commodity importers. An increase in commodity prices will trigger the bottoming out in the largest emerging markets, including Russia and Brazil.

Keywords: Russian economy; foreign trade; terms of trade; regional pattern (search for similar items in EconPapers)
JEL-codes: F10 F13 F19 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2017, Revised 2017
New Economics Papers: this item is included in nep-cis and nep-int
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Handle: RePEc:gai:ppaper:ppaper-2017-280