The impact of the new coronavirus outbreak on international trade

Authors

  • Sergej Ivanovich Dolgov Russian Foreign Trade Academy
  • Yuri Anatolievich Savinov Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2020-00013

Keywords:

new coronavirus, China, Wuhan, international trade, transportation of goods

Abstract

The authors analyze the appearance and development of the new coronavirus outbreak, its impact on manufacturing, in particular on Chinese production of many components supplied to enterprises in the foreign countries, as well as difficulties in transporting these components in
international trade. It is noted that the difficulties in international transportation of any goods, including components for maintaining global supply chains, might be solved by application of relevant transport contracts.

Author Biographies

Sergej Ivanovich Dolgov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorob`evskoe shosse, 6A) - Сhief Research Officer

Yuri Anatolievich Savinov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorob`evskoe shosse, 6A), Department of foreign trade and international transactions - Professor

Downloads

Published

2024-02-07

How to Cite

Dolgov, S. I., & Savinov, Y. A. (2024). The impact of the new coronavirus outbreak on international trade. Russian Foreign Economic Journal, (2), 7–18. https://doi.org/10.24412.2072-8042-2020-00013

Issue

No. 2 (2020)

Section

International trade