?
Finance and export diversifications Nexus in Russian regions: Role of trade globalization and regional potential
Emerging Markets Review. 2023. No. 57. Article 101059.
We investigate if financial development (FD) can reduce the export concentration in regional context, corroborating the role of the World Trade Organization (WTO) membership, sanctions and investment potential. Given the considerable heterogeneity in data across regions and over time, we apply the Method of Moments Quantile Regression (MMQR) to analyze panel time-series data from 2009 to 2019. Our finding shows that bank credit disbursement as a proxy of FD drives export diversification in all quantiles (q10-q90), where the role of FD is pronounced at middle to higher quantiles. Besides, the impact of financial development on trade diversification is profound in the regions with higher business potential compared to the lower business potential. We affirm that the adaption of WTO membership elevates trade diversification through promoting competitiveness and providing nascent exporting sectors opportunities to grow. Surprisingly, the economic sanctions imposed in 2014 promoted Russian regional trade diversification. We provided several practical policy implications.
Barut A., Proskuryakova L. N., Yakutkina V. et al., Renewable Energy 2026 Vol. 267 Article 125736
The global demand for rare earth metals (REM) has exceeded the global supply, exacerbating the deficit of these resources for wind turbines, solar panels, electric vehicles, and nuclear reactors. The largest REM exporting and importing countries have the power to influence energy transition in their own countries and around the world. This study analyzes the ...
Added: April 8, 2026
Biryukova O. V., Kupalov I., Zhang W., R-Economy 2026 Vol. 12 No. 1 P. 109–125
Relevance. Twenty-five years after China’s accession to the WTO, the multilat eral trading system faces unprecedented challenges, including institutional pa ralysis, geopolitical fragmentation, and rising protectionism. Against this back drop, China’s trajectory offers a critical case study of how a major non-Western economy can simultaneously integrate into, adapt to, and reshape global trade governance. Yet existing literature often ...
Added: April 6, 2026
Egorov A., Karminsky A. M., Vlasov A., FINTECH 2026 Vol. 5 No. 1 P. 1–22
Amidst the escalating geopolitical fragmentation of the global financial system, divergent stablecoin architectures are emerging. This study employs Qualitative Comparative Analysis (QCA) and introduces a formalized ‘Geopolitical Stablecoin’ (GPSC) model to conduct a systematic comparison of three representative cases: A quasi-sovereign asset within a coordinated closed-loop system, a commercial asset with global open-market circulation, and a ...
Added: March 30, 2026
Igor Gurkov, Dahms S., Filinov N. et al., Thunderbird International Business Review 2026 Vol. --- No. -- P. --–--
This study examines the evolution, typology, and effectiveness of economic sanctions in international business across five centuries of geopolitical change. Using a phenomenon-driven research (PDR) design combined with a realist historical approach, it synthesizes established categories of sanctions—ideological, political, national security, and economic—while tracing how their relative prominence has shifted over time. To account for ...
Added: February 5, 2026
Lisenkova A. D., Вестник Волгоградского государственного университета. Серия 4: История. Регионоведение. Международные отношения 2025 Т. 30 № 3 С. 212–221
Introduction. This article analyzes the current situation of coal energy in the European Union in the context of its energy transition and anti-Russian energy sanctions. The authors assess the combination of the coal embargo and transformation in the European energy market with ambitions to achieve “climate neutrality.” Methods and materials. The authors predominantly use comparative ...
Added: November 23, 2025
Burnakina A., Российский юридический журнал 2025 Т. 164 № 5 С. 158–173
As the global economy undergoes rapid digital transformation, the issue of digital inequality is increasingly acquiring a distinct legal dimension. This article explores the potential of international trade law in addressing the digital divide. The author examines key legal instruments — the General Agreement on Tariffs and Trade (GATT), the General Agreement on Trade in ...
Added: October 20, 2025
Байрашев В. Р., Вестник Российского университета дружбы народов. Серия: Юридические науки 2025 Т. 29 № 3 С. 769–786
The article is devoted to the development of approaches to the legal regulation of standardization in public procurement at both international and national levels. A primary challenge in applying standards in procurement lies in reconciling the requirements established by legal acts of varying authority, as well as addressing questions related to legal force of individual ...
Added: October 6, 2025
Нальгиев А. М., Blat M., Вестник гражданского процесса 2024 Т. 14 № 6 С. 295–319
cle analyses the possibility of changing by the arbitrators of the seat of arbitration in arbitration agreements involving Russian parties in the light of anti-Russian sanctions. Significant number of commercial contracts involving Russian parties contain arbitration clauses, providing for the seat of arbitration in jurisdictions that support anti-Russian sanctions regimes. In turn, in light of ...
Added: September 29, 2025
Olga Starshinova, Elena Murashko, Chinese Journal of International Law 2025 Vol. 24 No. 3 Article jmaf027
In the Ministerial Decision on Dispute Settlement Reform of 1 March 2024 the World Trade Organization (WTO) Members decided to continue working on resolving the issue of blocked appeal function. Unfortunately, it has been already six years that the WTO Members failed to resolve the crisis of the WTO Appellate Body. Against that background the authors suggest considering ...
Added: September 16, 2025
Rovnov Y., Journal of World Trade 2025 Vol. 59 No. 5 P. 773–794
Review of scientific evidence by World Trade Organization (WTO) panels in disputes under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) has been a frequent subject of scholarly literature. Despite the deferential standard of review established by the Appellate Body back in EC – Hormones and US/Canada – Continued Suspension, panels ...
Added: August 9, 2025
Biryukova O. V., Тихоновский Г. А., Анализ и прогноз. Журнал ИМЭМО РАН 2025 № 1 С. 13–26
The article provides a comprehensive analysis of the ‘club’ agreements within the framework of the World Trade Organization (WTO) and examines the participation of the BRICS members in plurilateral initiatives. With increasing protectionist measures, slowing multilateral negotiations and rapid changes in global trade, plurilateral agreements are becoming increasingly important. Such agreements are concluded between a ...
Added: April 3, 2025
Biryukova O. V., Рулс С., США и Канада: экономика, политика, культура 2025 № 3(663) С. 46–62
This article examines the dynamics, structural characteristics and geography of U.S. foreign trade in services. It finds that services have long played a central role in the U.S. economy, both as the main driver of GDP and through their contribution to job creation. At the same time, services adapt well to crisis situations, making the ...
Added: March 20, 2025
Дегтерева Е. А., Andreev A., Chernyaev M., ISTORIYA (“History”). The Journal of Education and Science 2019 Vol. 10 No. 11 P. 29–29
The article is devoted to the emergence of historical prerequisites for the formation of science diplomacy tools in the Russian Federation. The article considers the main approaches to the concept of "science diplomacy" used in the modern world practice. Having proceeded from the peculiarities of each of the science diplomacy fields: diplomacy for science, science ...
Added: March 11, 2025
Petrenko A., Göttingen: Universitätsverlag Göttingen, 2024.
This book presents a comprehensive study of the right to regulate in international investment law and international trade law, with a focus on its growing recognition in modern treaties such as IIAs and RTAs. The ongoing convergence of these fields creates fertile ground for developing a general theory of this concept within international economic law. ...
Added: January 24, 2025
Portanskiy A., Современная мировая экономика 2024 Т. 2 № 1 С. 70–82
Building on the occasion of the regular WTO Ministerial Conference (MC-13) held in early 2024, the author reviews the initial success of this institution and then analyzes the accumulated problems of the organization and its weakening in recent years. An effective solution to these problems involves reforming the WTO. However, this is hampered by numerous ...
Added: July 23, 2024
Stolbov M., Shchepeleva M., Environmental and Sustainability Indicators 2024 Vol. 22 Article 100389
The paper studies the relationships among the composite indicators of environmental performance, financial development, systemic risk and economic uncertainty for a balanced panel of 57 countries during 2010–2020. The analysis builds on panel local projections by Jord´ a (2005). In addition to the whole panel, this technique also applies to two sub-panels obtained via the ...
Added: May 22, 2024
Penikas H. I., Савенко Д. А., , in: Proceedings of the SES 2021 International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space".: Setúbal: SciTePress, 2021. P. 361–370.
Added: July 28, 2023
Baklanov A., Международная жизнь 2023 № 4 С. 4–15
The article retrospectively examines the development of the concept of a new international economic order (NIEO). The role in the formulation of this topic, which has been played since the 1960s by the "Group of 77", specialized UN agencies, including UNCTAD, the Commission of the South and other international structures, is noted. The author shares ...
Added: June 1, 2023
Bahri A., Boklan D., European Journal of International Law 2022 Vol. 33 No. 1 P. 237–270
The most common provisions we find in almost all multilateral, regional and bilateral trade agreements are the exception clauses that allow countries to protect public morals, humans, animals or plant health and life and conserve exhaustible natural resources. If countries can allow trade-restrictive measures that aim to protect these non-economic interests, is it possible to ...
Added: April 25, 2023
Ponomarenko A. A., Татаринцев С. А., Journal of Economic Asymmetries 2023 Vol. 27 Article e00284
We set up an early warning system for financial crises based on the Random Forrest approach. We use a novel set of predictors that comprises financial development indicators in addition to conventional imbalances measures. The evaluation of the model is conducted using a three-step procedure (i.e. training, validation and testing sub-samples). The results indicate that ...
Added: March 28, 2023
Aliyev A., Babkina E., Dmitrikova E. et al., Brill, Nijhoff, 2022.
Situated between Europe and the borders of China, the Eurasian region is seldom studied from an overall legal perspective. The book gives a first-time structured overview of trade-related aspects of international economic law, comparative commercial law, and dispute resolution in this region, focused on the countries in the Southern Caucasus, Central Asia, as well as ...
Added: January 23, 2023
Biryukova O. V., Международная торговля и торговая политика 2022 Т. 8 № 3 С. 50–63
The article analyzes the WTO rules on the provision of notifications (notifications) on measures related to the regulation of trade in services. The practice of fulfilling these requirements by WTO members is considered. It is noted that services play a dominant role in global GDP, therefore, the recovery of the global economy in the post-crisis ...
Added: November 29, 2022