Current trends and risks in the world economy growth

Authors

  • Andrey Nikolaevich Spartak Russian Market Research Institute (VNIKI), Russian Foreign Trade Academy
  • Vitaliy Vitalyevich Frantsuzov Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2019-00023

Keywords:

Forecast, trends, risks, GDP, international trade, trade war, conjuncture, commodity markets, oil, OPEC

Abstract

The article deals with the main factors shaping the global economic and commodity conditions in 2019 and in the medium term, highlights prospects for international trade and key commodity markets. The key issues and risks in the development of the global economy and its largest markets – American, European, Chinese – are shown. Special attention is paid to growing conflicts in the international trading system and the resulting risks for Russia, the development and likely consequences of the “great trade war” between the US and China that began in 2018 and passed in 2019, as well as the assessment of the situation in the regulation of the global oil market due to the possible weakening of the OPEC oil cartel.

Author Biographies

Andrey Nikolaevich Spartak, Russian Market Research Institute (VNIKI), Russian Foreign Trade Academy

Сorresponding member of the Russian Academy of Sciences, Doctor of Economic Sciences, Professor, Honored Worker of Science of RF

Work place, position: Russian Market Research Institute (VNIKI) (119285, Moscow, Pudovkina, 4) - Director, Russian Foreign Trade Academy (119285, Moscow, Pudovkina, 4A), Department of international trade and foreign trade of the RF – the Head

Vitaliy Vitalyevich Frantsuzov, Russian Foreign Trade Academy

Work place, position: Russian Foreign Trade Academy, Institute of International Economics and Finance (119285, Moscow, Pudovkina, 4A) - Senior Researcher

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Published

2024-02-08

How to Cite

Spartak, A. N., & Frantsuzov, V. V. (2024). Current trends and risks in the world economy growth. Russian Foreign Economic Journal, (2), 7–24. https://doi.org/10.24412.2072-8042-2019-00023

Issue

No. 2 (2019)

Section

World economy