Key Global Economic Trends of the Current Decade

Authors

  • Yuliya Borisovna Kravchenko Russian Foreign Trade Academy
  • Andrej Nikolaevich Spartak Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2021-12-7-26

Keywords:

global energy transition, natural and technological disasters, megaregionalization, uncertainties and risks for global growth, COVID-19 pandemic, protectionism, transformations in the global economy and trade, digital trade

Abstract

The article considers key global economic trends of the current decade. It was found that transformations in the global economy and trade reshaping the existing global economic landscape, its confi guration and relations between participants, have accelerated. Structural changes in the functioning of the global economy are highlighted. It is revealed that the economic crises provoked by the COVID-19 pandemic has increased the importance of the uncertainty factor that impacts domestic and global economic growth. It is concluded that uncertainties and risks for global growth are becoming the main factors in decision-making of national governments and institutions of global governance.

Author Biographies

Yuliya Borisovna Kravchenko, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy (Moscow, Vorob`evskoe shosse, 6A), Department of International Trade and Foreign Trade of the RF – Lecturer

Andrej Nikolaevich Spartak, Russian Foreign Trade Academy

Corresponding member of the Russian Academy of Sciences, Doctor of Economic Sciences, Honored Worker of Science of RF
Place of work, post: Russian Market Research Institute (VNIKI) (119285, Moscow, Pudovkina, 4) - Director, Russian Foreign Trade Academy, Department of International Trade and Foreign Trade of the RF – the Head

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Published

2024-01-28

How to Cite

Kravchenko, Y. B., & Spartak, A. N. (2024). Key Global Economic Trends of the Current Decade. Russian Foreign Economic Journal, (12), 7–26. https://doi.org/10.24412.2072-8042-2021-12-7-26

Issue

No. 12 (2021)

Section

International trade