Trends in international trade and economic growth

Doklady Bashkirskogo Universiteta. 2016. Volume 1. No. 4. pp. 747-750.

Authors


Ramazanov R. R.*
Bashkir State University
3/4 Karl Marx Street, 450076 Ufa, Russia

Abstract


The second half of 2014 marked the rapid collapse in energy prices: oil in a dollar equivalent fell in price approximately by 50 percent. Analysts see the collapse reason in increase in the offer. The last is explained by dumping opposition of traditional oil exporters to new players in the mineral market: to Iran leaving from under embargo and the American companies conducting oil extraction on slate technologies. Experts agree in opinion that in the coming years energy prices will not come to the previous high level. In this article are given the results of an impact assessment of the changes in price for energy carriers: - on dynamics and structure of international trade; - on economy of the Russian Federation and world economy in general.

Keywords


  • export
  • international trade
  • economic growth
  • GDP