This book reveals the key trends in the modern Russian trade policy to provide a deeper understanding of the main challenges and barriers, possible paths and opportunities in its development.
 

This chapter, was published in the book. "Forward to the Pase? New/Old Theatres of Russia’s International Projection". 
 

This research examines the impact of macroeconomic shocks and political measures, including sanctions, imposed by western countries on trade flows, commodity compositions, and import-export flows to the Russian Federation. To this end, we use 2012-2016 panel date to produce gravity equations containing the determining features of Russia’s import-export volumes of agricultural, raw material, and industrial goods. Our results confirm that macroeconomic shocks led to a significant reduction in trade.