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Trade Restrictions Hamper World Trade Growth

Author

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  • Volovik Nadezhda

    (Gaidar Institute for Economic Policy)

Abstract

World trade growth rates have signifi cantly slowed: in 2015, the volume of world trade went up by 2.8% and according to the WTO forecast will remain at the same level throughout 2016. As a result, the current year will be the fi h year in a row when the trade turnover will increase by less than 3%. Furthermore, during the period from 1990 through 2008 the average indicator remained at the level of 5%.

Suggested Citation

  • Volovik Nadezhda, 2016. "Trade Restrictions Hamper World Trade Growth," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 43-46, July.
    • Handle: RePEc:gai:recdev:recdev-2016-7-688
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-7-688.pdf
    File Function: Revised version, 2016
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    More about this item

    Keywords

    Foreign trade; Russian Economy;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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