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The Results of Global Goods and Services Trade Development in 2017

Author

Listed:
  • Pakhomov Alexander

    (Gaidar Institute for Economic Policy)

  • Bagdasaryan Knyaz

    (RANEPA)

Abstract

According to the latest projections released by the WTO, this year the global trade growth rate is going to decrease to 4.4% from its previous level of 4.7% in 2017. In its annual report, the WTO Secretariat warns that the threats voiced by the USA that it may impose duties on imports of goods from China and its other main partners in trade have probably already produced some negative impact on the global economy and international trade.

Suggested Citation

  • Pakhomov Alexander & Bagdasaryan Knyaz, 2018. "The Results of Global Goods and Services Trade Development in 2017," Working Papers wpaper-2018-329, Gaidar Institute for Economic Policy, revised 2018.
    • Handle: RePEc:gai:wpaper:wpaper-2018-329
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    File URL: https://www.iep.ru/files/RePEc/gai/wpaper/wpaper-2018-329.pdf
    File Function: Revised version, 2018
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    Cited by:

    1. Knobel, A. & Proka, K. & Bagdasaryan, K., 2019. "The Theory and Practice of International Economic Sanctions," Journal of the New Economic Association, New Economic Association, vol. 43(3), pages 152-162.

    More about this item

    Keywords

    World Trade Organization; forecast; exports; imports; protectionism; Russian Federation;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F19 - International Economics - - Trade - - - Other

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