Assessing the Impact of the Current World Economy Transformation on Russia’s Merchandise Trade

Authors

  • Андрей Романович Бойко Дипломатическая академия МИД России
  • Вероника Григорьевна Иорданова Дипломатическая академия МИД России

DOI:

https://doi.org/10.24412/2072-8042-2024-2-55-77

Keywords:

foreign trade activity, world economy transformation, globalization, SWOTanalysis, sanctions

Abstract

Nowadays, increased geopolitical and geo-economic instability aff ecting the economies of countries contributes to fragmentation of the world economy. Previously established economic ties are signifi cantly changing. These processes transform the world economic system formed in the late XX-early XXI centuries, one of the most important elements of which is international trade in goods. In such conditions, given the distinctive problems of Russia’s foreign merchandise trade, which most oft en include low diversifi cation of merchandise exports and high demand for a wide range of fi nished goods, the importance of eff ective assessment of the impact of the current world economy transformation on it increases. For this purpose, the paper uses the author’s method of extended SWOT analysis in order to quantify qualitative fi ndings. The obtained results make it possible to assess the impact of various groups of external and internal factors on Russia’s merchandise trade, which is important in the development of government regulation measures

Author Biographies

Андрей Романович Бойко, Дипломатическая академия МИД России

Дипломатическая академия МИД России, аспирант

Вероника Григорьевна Иорданова, Дипломатическая академия МИД России

кандидат экономических наук , Дипломатическая академия МИД России, доцент кафедры национальной экономики

Published

2024-02-29

How to Cite

Бойко, А. Р., & Иорданова, В. Г. (2024). Assessing the Impact of the Current World Economy Transformation on Russia’s Merchandise Trade. Russian Foreign Economic Journal, (2), 55–77. https://doi.org/10.24412/2072-8042-2024-2-55-77

Issue

Section

World economy

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