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https://doi.org/10.1016/j.ruje.2016.09.002
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Terms of trade and Russian economic development
[Zeitschriftenartikel]
Abstract The paper discusses economic development trends in Russia in late 2014 and 2015 and reviews the basic mechanisms of how changes in the terms of trade affect the economic development of countries from a historical perspective and with a particular focus on those changes in the Russian economy that oc... mehr
The paper discusses economic development trends in Russia in late 2014 and 2015 and reviews the basic mechanisms of how changes in the terms of trade affect the economic development of countries from a historical perspective and with a particular focus on those changes in the Russian economy that occurred in late 2014 and 2015. The authors demonstrate that structural reforms aimed at diversification of production and exports are necessary for sustainable economic development, for social stability and for reducing the impact of variability in the terms of trade on the Russian economy. During periods of instability in the government agenda's measures for the real and financial sectors, it is necessary not only to compensate economic agents losses caused by changes in the terms of trade but also to improve the economic structure and to develop and enhance the stability of the financial markets.... weniger
Thesaurusschlagwörter
Wirtschaftsentwicklung; Terms of Trade; Bruttoinlandsprodukt
Klassifikation
Volkswirtschaftstheorie
Freie Schlagwörter
GDP; GDI
Sprache Dokument
Englisch
Publikationsjahr
2016
Seitenangabe
S. 279-301
Zeitschriftentitel
Russian Journal of Economics, 2 (2016) 3
ISSN
2618-7213
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0