U.S. - Russia Exports

Paper Summary:

This paper explores the development of trade, in terms of volume, between the US and Russia from 1998 to present. The paper supports the thesis that current expansion in US exports to Russia will continue to grow and potentially increase in the medium to short-term future.

Outline:
Literature Review
The Importance of American Agriculture and Growing Russian Industry
Future of the Russian Economy and US Exports
A Question of Sustainability
Methodology
Conclusions

From the Paper:

"A surge in the Russian economy means more money to spend on American imports. However, gaining access to this market can be challenging. From an academic standpoint, little information is available regarding the historical trends of US exports to Russia. One of the key reasons for this lack of available literature is that the Russia represented a relatively closed economy for many years. Russia was not considered to be a major contributor to the US economy, therefore academic interests were elsewhere. The Russian economy was too poor to be considered worth the expense and time investment from a research perspective. There were much more interesting subjects to be sought.
"Academic interest began to develop after Prime Minister Putin took control, with promises of reform and greater future economic strength. Only after 1998 did interest spark in the importance of potential export trade with Russia develop."

Sample of Sources Used:

• Economist Intelligence Unit ViewsWire. Russia's booming economy. June 18th 2007. The Economist. http://www.economist.com/research/articlesBySubject/displaystory.cfm?subjectid=34900 2&story_id=9354403 Accessed April 8, 2008.
• Gaddy, C. Issues in the U.S.-Russia Economic Relationship. October 17, 2007. Brookings. http://www.brookings.edu/testimony/2007/1017russia.aspx. Accessed April 8, 2008.
• Products Marketing Association (PMA). International Resources: global Market Profile: Russia. http://www.pma.com/cig/intl/russia.cfm Accessed April 8, 2008.
• Sweeney, P. Exports to Russia Grow. Business Information Service for the Newly Independent States (BISNIS). http://www.heritage.org/research/russiaandeurasia/bg2077.cfm Accessed April 8, 2008.
• US Census Bureau. Information on the Collection and Publication of Trade Statistics. 2007. http://www.census.gov/foreign-trade/reference/guides/tradestatsinfo.html

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