Russian Wto Accession
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Russian Wto Accession What Has Been Accomplished What Can Be Expected
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Author : David Tarr
language : en
Publisher: World Bank Publications
Release Date : 2007
Russian Wto Accession What Has Been Accomplished What Can Be Expected written by David Tarr and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Accession Negotiations categories.
Abstract: This paper summarizes the principal reform commitments that Russia has undertaken as part of its World Trade Organization (WTO) accession negotiations, providing detailed assessments in banking, insurance, and agriculture. The paper assesses the gains to the Russian economy from these commitments, based on a summary of several modeling efforts undertaken by the author and his colleagues. The author compares Russian commitments with those of other countries that have recently acceded to the WTO to assess the claim that the demands on Russia are excessive due to political considerations. He explains why Russian WTO accession will result in the elimination of the Jackson-Vanik Amendment against Russia. Finally, he discusses the remaining issues in the negotiations and the time frame for Russian accession as of the fall of 2007.
Regional Impacts Of Russia S Accession To The World Trade Organization
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Author : Thomas Fox Rutherford
language : en
Publisher: World Bank Publications
Release Date :
Regional Impacts Of Russia S Accession To The World Trade Organization written by Thomas Fox Rutherford and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8 percent (or 4.3 percent of consumption); we estimate that three regions will gain considerably more: Northwest (11.2 percent), St. Petersburg (10.6 percent) and Far East (9.7 percent). We estimate that the Urals will gain only 6.2 percent of consumption, considerably less than the national average. The principal explanation in our central analysis for the differences across regions is the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. The three regions with the largest welfare gains are clearly the regions with the estimated largest shares of multinational investment. But the Urals has attracted relatively little FDI in the service sectors. An additional reason for differences across regions is quantified in our sensitivity analysis: regions may gain more from WTO accession if they can succeed in creating a good investment climate.
Introduction And Summary To The Handbook Of Trade Policy And Wto Accession For Development In Russia And The Cis
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Author : David Tarr
language : en
Publisher: World Bank Publications
Release Date : 2005
Introduction And Summary To The Handbook Of Trade Policy And Wto Accession For Development In Russia And The Cis written by David Tarr and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Russia (Federation) categories.
"This paper is the introduction and summary chapter of the 43 chapter volume entitled Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS. The key policy conclusions of each of the chapters are highlighted in this paper. The Handbook will be published only in Russian in 2005, but an English language version of the majority of the papers described here is available on the website www.worldbank.org/trade/russia-wto. This paper first explains the potential importance of World Trade Organization (WTO) accession as a development tool, and discusses the recent successful development models and the role of trade policy in their development. The paper then summarizes the three parts of the Handbook. The first part treats trade policy (with applications to Russia and the Commonwealth of Independent States [CIS]). The second part treats World Trade Organization institutions and disciplines, again with Russia and CIS applications. And the third part focuses on various aspects of the impact of WTO accession on Russia. The numerous papers that relate trade policy and WTO accession to experience in Russia and the CIS are likely to be of special interest to native English speakers, since these papers are new to the literature. The papers in the Handbook are intended to be non-technical materials accessible to a wide policy audience. The Handbook forms the basis of a World Bank Institute course on trade policy and WTO accession, which has been delivered and will be delivered again on multiple occasions. "--World Bank web site.
Russian Wto Accession
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Author : David G. Tarr
language : en
Publisher:
Release Date : 2016
Russian Wto Accession written by David G. Tarr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
This paper summarizes the principal reform commitments that Russia has undertaken as part of itsWorld Trade Organization (WTO) accession negotiations, providing detailed assessments in banking, insurance, and agriculture. The paper assesses the gains to the Russian economy from these commitments, based on a summary of several modeling efforts undertaken by the author and his colleagues. The author compares Russian commitments with those of other countries that have recently acceded to the WTO to assess the claim that the demands on Russia are excessive due to political considerations. He explains why Russian WTO accession will result in the elimination of the Jackson-Vanik Amendment against Russia. Finally, he discusses the remaining issues in the negotiations and the time frame for Russian accession as of the fall of 2007.
Wto Accession For Countries In Transition
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Author : Constantine Michalopoulos
language : en
Publisher: World Bank Publications
Release Date : 1998
Wto Accession For Countries In Transition written by Constantine Michalopoulos and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Baltic States categories.
June 1998 Accession to the World Trade Organization should be expedited, and the processing time for applications reduced to no more than two years. This would enable the WTO to achieve universal membership in the next five years, a worthwhile objective for the international community. Countries in transition have considered membership in the World Trade Organization (WTO) an important step toward integration in the international economic system. After several years of negotiations, five members of the former Soviet Union (FSU)-Armenia, the three Baltic countries, and the Kyrgyz Republic-may become members in 1998. It will probably take longer for Russia, Ukraine, and some others. It takes four to five years to process applications for FSU countries-which is close to average for recent applicants. The five countries expected to accede to the WTO this year are among the more liberal members of the FSU. With those five processed, there will be a backlog of another 26 applications, most them countries in transition, including China and Russia. At the current rate of processing, it will take five to six years to process them-and a decade or more for the 25 or so developing and transition economies that have yet to apply. Processing is time-consuming because: * Legislative requirements needed for accession are time-consuming. * Candidate countries are weak institutionally and unfamiliar with the economic and legal issues to be addressed. * The fact finding process is unneccessarily cumbersome and time-consuming. * Technical assistance to applicants in meeting the requirements for WTO accession is not effectively coordinated. * Addressing the commercial interests of all members requires protracted negotiations. Governments seeking accession must coordinate the legislative and regulatory changes needed in their foreign trade regimes, adopt liberal trade policies, and identify areas of institutional weakness that require delays in implementation of WTO provisions and seek agreement on such delays. WTO members, for their part, should expedite the process, as universal membership is in everyone's best interest. They should: * Agree to suitable, time-bound extensions to allow acceding governments to address institutional weaknesses. * Provide coordinated assistance to acceding countries to strengthen their institutional capacity. * Streamline the fact finding aspects of the accession process and give the WTO secretariat the budgetary resources it needs to work with applicant governments for this purpose. This paper is part of a larger effort of the World Bank to collaborate with the World Trade Organization in developing approaches for the more effective integration of the developing countries and transition economies in the international trading system. The author may be contacted at [email protected].
Russia And The Wto
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Author : Mr.Yaroslav Lissovolik
language : en
Publisher: International Monetary Fund
Release Date : 2004-08-01
Russia And The Wto written by Mr.Yaroslav Lissovolik and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-01 with Business & Economics categories.
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002, we find that Russian exports to WTO members have fallen short of the model's predictions. The paper discusses possible explanations of this result, including Russia's exclusion from various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia's further trade reorientation toward WTO members after a putative accession. Our results also prompt some ideas that may resolve the recent empirical controversy over the WTO's overall role in promoting trade.
The Impact Of Wto Membership
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Author : Anastasia S. Loginova
language : en
Publisher: Routledge
Release Date : 2017-08-10
The Impact Of Wto Membership written by Anastasia S. Loginova and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-10 with Political Science categories.
What lessons can be learnt from the accession to the World Trade Organization (WTO) of Russia, China, and Ukraine? Were there any peculiarities in the adaptation of their economies to the rules and norms of the organisation, and what impact did it have on the world trade system? This detailed, systematic, and comparative analysis of the social and economic impact of the accession of these countries to the WTO addresses these questions, presenting an economic and legal analysis of the reasons and consequences of their joining the WTO. Comparative legal and economic methods are used to explore the social and economic causes and consequences of membership for post-communist states and to suggest ways in which new members can adapt to WTO standards. This work will be of interest to experts and students in the fields of economics, jurisprudence, and customs affairs.
Russian Trade Policy
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Author : Sergei Sutyrin
language : en
Publisher: Routledge
Release Date : 2019-05-28
Russian Trade Policy written by Sergei Sutyrin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-28 with Business & Economics categories.
This book reveals the key trends in the modern Russian trade policy to provide a deeper understanding of the main challenges and barriers, possible paths and opportunities in its development. An international team of authors investigates specific factors influencing the Russian trade policy evolution; recent trends in Russia’s international trade development; and the impact of Russia’s participation in the World Trade Organization on the domestic economy. Particular attention is paid to regional integration processes that involve Russia and their outcomes; as well as challenges in the remaining and building commercial relations with Russia’s traditional and ‘new’ trade partners, taking into consideration those alienating the West and economic sanctions regimes. The analysis of key trends is combined with a special focus on selected industries and economic partners of Russia. The book contains a variety of case studies investigating the ways in which political and business actors adapt to the transformation of Russian trade policy, how Russia participates in the WTO dispute settlement mechanism, and what the driving forces and outputs are for the national economic agents. Finally, the authors consider what the reasonable expectations might be regarding the future prospects of Russian trade policy. The book presents a unique, comprehensive and multidimensional analysis of modern Russian trade policy. Filling an important gap in the existing literature, this book will be of value to all those interested in Russia’s economic development path.
Regional Impacts Of Russia S Accession To The World Trade Organization
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Author : Thomas Fox Rutherford
language : en
Publisher: World Bank Publications
Release Date : 2006
Regional Impacts Of Russia S Accession To The World Trade Organization written by Thomas Fox Rutherford and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Russia (Federation) categories.
In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8 percent (or 4.3 percent of consumption); we estimate that three regions will gain considerably more: Northwest (11.2 percent), St. Petersburg (10.6 percent) and Far East (9.7 percent). We estimate that the Urals will gain only 6.2 percent of consumption, considerably less than the national average. The principal explanation in our central analysis for the differences across regions is the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. The three regions with the largest welfare gains are clearly the regions with the estimated largest shares of multinational investment. But the Urals has attracted relatively little FDI in the service sectors. An additional reason for differences across regions is quantified in our sensitivity analysis: regions may gain more from WTO accession if they can succeed in creating a good investment climate.
Russian Trade Policy Reform For Wto Accession
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Author : Harry G. Broadman
language : en
Publisher: World Bank Publications
Release Date : 1998-01-01
Russian Trade Policy Reform For Wto Accession written by Harry G. Broadman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-01-01 with Business & Economics categories.
Russia has manifested considerable interest in accession to the World Trade Organization (WTO). This volume contains four policy papers that focus on the most prominent topics during the ongoing WTO accession process: 1. the dispersion of Russia's tariff structure; 2. trade and investment in the service sectors; 3. the treatment of state trading enterprises; and 4. the policy regime governing foreign direct investment. Bringing the Russian Federation into the rules-based WTO system is an objective broadly shared by the world community. Accession to the WTO comes at a critical juncture for the Russian government to focus on many important policy issues to stimulate growth. As part of the process of making liberalization commitments, as required by the existing members of the WTO, accession provides an opportunity to lock in reforms.