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Russia’s Transportation Industry

Kseniia Borzykh and Yuriy Ponomarev

Published Papers from Gaidar Institute for Economic Policy

Abstract: The transportation industry is not only a key sector of the economy, but also its indispensable glue. The development of transport infrastructure is a major factor of economic growth and a key driver of exit from the economic crisis. In the past few years, the transportation industry demonstrated upturn dynamic both in terms of the development of infrastructure and the volumes of transportation. In 2020, the COVID-19 pandemic and the relevant restrictions aimed at fighting the spread thereof led to substantial changes in the supply and demand situation on numerous markets, not only affecting directly freight and passenger traffic, but also making a sizable portion of the population revise their views on the need and required parameters of the infrastructure (not only transport infrastructure, but also social-information and communication ones).

Keywords: Russian economy; transportation industry; foreign trade; customs regulation (search for similar items in EconPapers)
JEL-codes: L91 L92 L93 L99 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2021, Revised 2021
New Economics Papers: this item is included in nep-cis, nep-isf, nep-tre and nep-ure
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1136.pdf Revised Version, 2021 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2021-1136

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