Russia’s foreign trade under sanctions pressure

IF 0.3 Q4 ECONOMICS

Zhurnal Novaya Ekonomicheskaya Assotsiatsiya-Journal of the New Economic Association Pub Date : 2022-01-01 DOI:10.31737/2221-2264-2022-55-3-14

D. Ushkalova

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引用次数: 3

Abstract

The article discusses the specifics of the development of Russia’s foreign trade in the new realities, formed, on the one hand, by the unprecedented sanctions regime against the Russian economy, and, on the other hand, by a sharp increase in prices on world commodity markets in the context of increased geopolitical uncertainty, which allows Russia to financially compensate for the decline in physical volumes of export deliveries. The nature of the sanctions imposed against Russia and their impact on the dynamics of its exports and imports and the conjuncture of world commodity markets are analyzed. The concept of "trap of a big country" is introduced in relation to anti- Russian sanctions. An assessment of the results of Russia’s foreign trade in January–May 2022 is given and brief proposals for improving of Russia’s foreign trade policy are made. The conclusion is made about the resistance of the cost volumes of Russian exports to sanctions pressure and the need for a foreign trade policy aimed at comprehensive support of imports necessary for the functioning of the domestic economy in the short term.

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俄罗斯对外贸易面临制裁压力

本文讨论了俄罗斯对外贸易在新形势下发展的具体情况，一方面是由于对俄罗斯经济的前所未有的制裁制度，另一方面，在地缘政治不确定性增加的背景下，世界商品市场价格急剧上涨，这使得俄罗斯能够在财政上弥补出口交付量的下降。分析了对俄罗斯实施的制裁的性质及其对俄罗斯进出口动态和世界商品市场形势的影响。针对对俄制裁，提出了“大国陷阱”的概念。对2022年1 - 5月俄罗斯对外贸易的结果进行了评估，并提出了改进俄罗斯对外贸易政策的简要建议。得出的结论是，俄罗斯出口的成本量对制裁压力的抵抗力，以及需要一项旨在全面支持短期内国内经济运作所必需的进口的外贸政策。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Zhurnal Novaya Ekonomicheskaya Assotsiatsiya-Journal of the New Economic Association ECONOMICS-

CiteScore

1.00

自引率

20.00%

发文量

期刊介绍： Key Journal''s objectives: bring together economists of different schools of thought across the Russian Federation; strengthen ties between Academy institutes, educational establishments and economic research centers; improve the quality of Russian economic research and education; integrate economic science and education; speed up the integration of Russian economic science in the global mainstream of economic research. The Journal publishes both theoretical and empirical articles, devoted to all aspects of economic science, which are of interest for wide range of specialists. It welcomes high-quality interdisciplinary projects and economic studies employing methodologies from other sciences such as physics, psychology, political science, etc. Special attention is paid to analyses of processes occurring in the Russian economy. Decisions about publishing of articles are based on a double-blind review process. Exceptions are short notes in the section "Hot Topic", which is usually formed by special invitations and after considerations of the Editorial Board. The only criterion to publish is the quality of the work (original approach, significance and substance of findings, clear presentation style). No decision to publish or reject an article will be influenced by the author belonging to whatever public movement or putting forward ideas advocated by whatever political movement. The Journal comes out four times a year, each issue consisting of 12 to 15 press sheets. Now it is published only in Russian. The English translations of the Journal issues are posted on the Journal website as open access resources.