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Integrating into the multilateral trading system and global value chains: the case of Russia
| Content Provider | Semantic Scholar |
|---|---|
| Author | Sutyrin, Sergei F. Koval, Alexandra Trofimenko, Olga Y. |
| Copyright Year | 2014 |
| Abstract | In recent decades, high levels of volatility in foreign trade flows have been experienced, which substantially exceeded the fluctuations of other macroeconomic indicators such as GDP and industrial production, as confirmed by national and global statistics. According to the WTO, “world trade responds strongly to variations in global economic activity ... Income elasticity – how much trade responds to change in income – has been between 1.5 and 2 over the last decade” (WTO, 2008). |
| File Format | PDF HTM / HTML |
| DOI | 10.30875/18c3711c-en |
| Alternate Webpage(s) | https://www.wto.org/english/res_e/booksp_e/cmark_chap7_e.pdf |
| Alternate Webpage(s) | https://doi.org/10.30875/18c3711c-en |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
