Disintegration of the World Trade System: Reasons and Consequences

Kuznetsov, A. V.

doi:10.26794/2587-5671-2019-23-5-50-61

Cited by 4 publications

(1 citation statement)

References 9 publications

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“…In the current global economic scenario, the rise of trade protectionism and anti-globalization sentiments significantly influences the dynamics of international trade [7] . Research by Hu examines the balance between globalization and protectionism, revealing how countries may adopt protectionist measures like trade barriers and higher tariffs to strengthen their economic position, albeit at the cost of the fluidity of international trade.…”

Section: Trade Protectionism and Anti-globalizationmentioning

confidence: 99%

The Challenges and Opportunities of International Trade in the New Era

2024

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This research delves into the challenges and opportunities in international trade in the new era, analyzing literature on trade protectionism, globalization, global supply chain restructuring, and the digital economy's emergence. It discusses opportunities arising from the digital economy, regional economic integration, and green trade, using CNY/USD exchange rate data from 2022 to 2024 for analysis. This research significantly contributes to future international trade, offering both theoretical and practical insights.

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Section: Trade Protectionism and Anti-globalizationmentioning

confidence: 99%

The Challenges and Opportunities of International Trade in the New Era

2024

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Russia and Financial World: on the Threshold of System Transformations

Kuznetsov

2020

Probl. postsov. prostran.

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The modern global financial system is based on unlimited dollar issuance, which is backed by a key reserve asset – US debt obligations. The concept of official foreign exchange reserves promoted by the IMF puts in a privileged position the countries with reserve currencies, primarily the United State. This concept has exhausted the possibilities for productive investment of the savings of the rest of the world. As a result, the savings of the periphery of the global economy are directed to the consumption and speculative spheres. Global financial crises has proved – despite speculative activities banks have priority support from key central banks. Developing countries objectively claim a parity distribution of the benefits and costs of financial globalization, as they play an increasingly important role in global value chains. As a donor of the global financial system, Russia is practically not involved in the distribution of profits in the global financial market. As the largest supplier of raw materials, intellectual and financial resources, Russia requires new solutions in the field of international monetary circulation.

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Current ways to protect the rights and ensure the economic security of Russian individuals and legal entities in the context of international economic sanctions

Angel

Линников

Sereda

et al. 2022

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Restrictive measures, or so-called “sanctions”, were introduced by the countries of the European Union against the Russian Federation, its citizens, and legal entities in 2014. The introduction of restrictive measures was initially seen as a threat to Russia’s economic security and sovereignty, so the Russian authorities were forced to respond by introducing retaliatory measures, or counter-sanctions. The subject of this article is the various possibilities for defending or challenging the imposed restrictive measures provided for by the legislation of the European Union and its member States, as well as the most famous and significant cases of appealing against these sanctions. The aim of the study is to systematize various ways of challenging restrictive measures in the bodies of the European Union, to develop a mechanism for such a challenge, as well as to collect statistical information on completed cases in which sanctions against certain persons were successfully challenged, or the lifting of restrictive measures was refused. The relevance of the topic is expressed in the unrelenting pressure of foreign states on the sovereignty and economic security of Russia. The scientific novelty is due to the lack of systematic research on the mechanisms for challenging sanctions. The authors apply descriptive, historical, and comparative analysis methods. The authors identified a certain mechanism of opportunities and tools for challenging restrictive measures in the bodies of the European Union, as well as defined a chain of actions to launch an appeal mechanism for certain restrictive measures. The authors conclude that stakeholders should initiate and participate in sanctions appeal procedures as there is good practice in lifting restrictive measures.

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Disintegration of the World Trade System: Reasons and Consequences

Cited by 4 publications

References 9 publications

The Challenges and Opportunities of International Trade in the New Era

The Challenges and Opportunities of International Trade in the New Era

Russia and Financial World: on the Threshold of System Transformations

Current ways to protect the rights and ensure the economic security of Russian individuals and legal entities in the context of international economic sanctions

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