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January 1, 2023Spatial Economics15 citationsOpen Access

The Foreign Trade Factor of the Force Majeure Economy: A Spatial Manoeuvre

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PMPavel Minakir

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Abstract

This paper considers the role of foreign trade interactions in forming a new macroeconomic equilibrium and equilibrium in the commodity market in the context of massive sanctions. The author analyzes the relations between the tools and conditions for maintaining foreign trade dynamics, and the role and proportion of traditional and new commodity markets in adapting to sanctions regimes. It is shown that in 2022 the spatial reformatting of foreign markets for Russian importers and exporters was more characteristic of import supplies. It is concluded that amid extraordinary financial and economic turmoil of 2022, which suddenly hit not only the Russian economy, but the entire global economy, the Russian economic system, for all its losses, held on to acceptable parameters, and foreign trade played an important role in this. It was determined that the instruments used in 2022 to reformat the spatial structure of markets could be substantially weakened over a long period

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Pavel Minakir (2023) studied this question.

synapsesocial.com/papers/6a173c5ad17772c818bb8f8ahttps://doi.org/10.14530/se.2023.1.007-019
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