Published October 14, 2022 | Version v1
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Analysis of the Effects of Russian Trade Policy in the Conditions of Global Foreign Economic Turbulence

  • 1. Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research

Description

Unexpectedly for many, 2020 brought many events that multiplied the already existing global external economic turbulence, which arose, first of all, due to the global trade war unleashed by US President Donald Trump in 2017. The main driver of most significant economic events in the first half of 2020 was the COVID-19 virus pandemic, which, due to the quarantine introduced in many countries of the world, led to a noticeable decline in the output of almost all industries.

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