World Economic Evolution and International Trade: Trends in 2023
Research Article
How to Cite
Gladkov I.S. World Economic Evolution and International Trade: Trends in 2023. Vlast’ (The Authority). 2024. Vol. 32. No. 4. P. 187-192. DOI: https://doi.org/10.24412/2071-5358-2024-4-187-192 (in Russ.).
Abstract
The article examines the most significant shifts in world economic dynamics and the evolution of international exchange during 2018–2025 with an emphasis on what is happening in the modern period. The changes that emerged after the widespread of a new viral infection in the world, which caused global crisis shocks in 2020, demonstrated the relatively high viability of the modern world economy. Its post-crisis development took place in difficult conditions of quite serious trials – from disruptions in previously established supply chains to turmoil in the general energy and food markets against the backdrop of a significant increase in inflation followed by an almost universal tightening of monetary policy. The extraordinary stability demonstrated by the world economy at the current stage has given sufficient grounds to the experts of the International Monetary Fund (IMF) to characterize this quality as “amazing” one. The previously outlined shift of drivers of economic development towards countries with a transition type of economy and developing countries also continued. This allowed them, including Russia, which was under pressure from numerous sanctions (in connection with the Russian Federation’s special military operation since February 2022), to show noticeable success in their economic development. The analysis undertaken by the author is traditionally based on the generally accepted methodology of comparative statistical research.
Keywords:
world economic evolution, gross product, dynamics, international trade, commodity exports, turbulence, sanctions, IMF, China, USA, European Union (EU), Euro Area, Germany, Italy, France, United Kingdom, Canada, Russian Federation (RF), Japan
References
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Gladkov I.S. 2019a. Dinamika vneshnetorgovykh svyazei Rossii v period global'noi turbulentnosti. – Mezhdunarodnaya ekonomika. № 2. S. 33-45. (RUS.)
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Gladkov I.S. 2013. K novomu etapu vo vzaimnoi torgovle Evropeiskogo soyuza i Rossiiskoi Federatsii. – Vlast'. № 5. S. 14-18. (RUS.)
GDP based on PPP valuation of country GDP. The World Bank. 28 June 2024.
Global Economic Prospects. June 2024. World bank group. https://www.worldbank.org/en/publication/global-economic-prospects
https://www.forbes.ru/finansy/514523-vsemirnyj-bank-povysil-prognoz-rosta-rossijskoj-ekonomiki-v-2024-i-2025-godah
IMF. International Monetary Fund. https://www.imf.org/ru/Home
World Economic Outlook (WEO). Steady but Slow: Resilience amid Divergence. April 2024. Washington, DC: International Monetary Fund, 2024. 180 p.
World Economic Outlook (WEO). Navigating Global Divergences. October 2023. Washington, DC: International Monetary Fund, 2023. 162 p.
World Economic Outlook (WEO). A Rocky Recovery. April 2023. Washington, DC: International Monetary Fund, 2023. 184 p.
World Economic Outlook (WEO). Countering the Cost-of-Living Crisis. October 2022. Washington, DC: International Monetary Fund, 2022. 166 p.
Gladkov I.S. 2023b. Mirovaya ekonomika: trendy na etape narastaniya turbulentnosti. – Ekonomicheskie i sotsial'no-gumanitarnye issledovaniya. № 1(37). S. 6-14. (RUS.)
Gladkov I.S. 2022a. Mirokhozyaistvennaya dinamika – 2020–2022: zamedlenie tempov vosstanovleniya, narastanie neopredelennosti. – Tamozhennoe regulirovanie. Tamozhennyi kontrol'. № 1. S. 4-11. (RUS.)
Gladkov I.S. 2021a. Mezhdunarodnaya torgovlya: osnovnye trendy za pervye 20 let XXI veka (2001-2020 gg.). – Ekonomicheskie i sotsial'no-gumanitarnye issledovaniya. № 2(30). S. 16-27. (RUS.)
Gladkov I.S. 2021b. Vneshnetorgovye svyazi Evropeiskogo Soyuza: transformatsii za pervye 20 let XXI veka (2001–2020 gg.). – Ekonomicheskie i sotsial'no-gumanitarnye issledovaniya. № 3(31). S. 17-30. (RUS.)
Gladkov I.S. 2019a. Dinamika vneshnetorgovykh svyazei Rossii v period global'noi turbulentnosti. – Mezhdunarodnaya ekonomika. № 2. S. 33-45. (RUS.)
Gladkov I.S. 2019b. Mezhdunarodnaya torgovlya na fone zamedleniya mirovoi ekonomiki. – Mezhdunarodnaya ekonomika. № 12. S. 44-50. (RUS.)
Gladkov I.S. 2017. Vneshnetorgovye svyazi Rossiiskoi Federatsii: trendy v sanktsionnyi period i itogi 2016 g. – Vlast'. T. 25. № 3. S. 94-105. (RUS.)
Gladkov I.S. 2015. Dinamicheskie i strukturnye kharakteristiki sovremennykh vneshnetorgovykh svyazei Evropeiskogo Soyuza. – Mezhdunarodnaya torgovlya i torgovaya politika. № 4(4). S. 30-38. (RUS.)
Gladkov I.S. 2014. Postkrizisnaya evolyutsiya mezhdunarodnoi torgovli. – Mezhdunarodnaya ekonomika. № 7. S. 31-38. (RUS.)
Gladkov I.S. 2013. K novomu etapu vo vzaimnoi torgovle Evropeiskogo soyuza i Rossiiskoi Federatsii. – Vlast'. № 5. S. 14-18. (RUS.)
GDP based on PPP valuation of country GDP. The World Bank. 28 June 2024.
Global Economic Prospects. June 2024. World bank group. https://www.worldbank.org/en/publication/global-economic-prospects
https://www.forbes.ru/finansy/514523-vsemirnyj-bank-povysil-prognoz-rosta-rossijskoj-ekonomiki-v-2024-i-2025-godah
IMF. International Monetary Fund. https://www.imf.org/ru/Home
World Economic Outlook (WEO). Steady but Slow: Resilience amid Divergence. April 2024. Washington, DC: International Monetary Fund, 2024. 180 p.
World Economic Outlook (WEO). Navigating Global Divergences. October 2023. Washington, DC: International Monetary Fund, 2023. 162 p.
World Economic Outlook (WEO). A Rocky Recovery. April 2023. Washington, DC: International Monetary Fund, 2023. 184 p.
World Economic Outlook (WEO). Countering the Cost-of-Living Crisis. October 2022. Washington, DC: International Monetary Fund, 2022. 166 p.
Article
Received: 04.09.2024
Citation Formats
Other cite formats:
APA
Gladkov, I. S. (2024). World Economic Evolution and International Trade: Trends in 2023. Vlast’ (The Authority), 32(4), 187-192. https://doi.org/10.24412/2071-5358-2024-4-187-192
Issue
Section
WORLD ECONOMY: NEW ANALYTICS
Following the submission of the manuscript to the Publisher, the author binds oneself not to publish it somewhere else without permission of the Publisher.
