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An Economic Perspective on Russia's Accession to the WTO

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  • Robert M. Stern

Abstract

Russia's application for accession to the WTO is currently in its final phases and may be completed by the end of 2003. In this context, this paper provides some background information on Russia's recent policy and structural reforms, the composition and geographic distribution of trade, tariff rates by commodity groups, and other aspects of trade and domestic policies at issue in the accession process. The accession proce-dure and the current status of the accession process are then discussed. Using a computable general equilibrium (CGE) modeling analysis of China's WTO accession as a prototype, the potential use of CGE model-ing of Russian accession is considered as well as Russia's participation in the Doha Development Round and preferential trading arrangements. It is concluded that Russia may realize significant benefits from WTO accession and from the multilateral trade liberalization to be effected in the Doha Round.

Suggested Citation

  • Robert M. Stern, 2002. "An Economic Perspective on Russia's Accession to the WTO," William Davidson Institute Working Papers Series 472, William Davidson Institute at the University of Michigan.
    • Handle: RePEc:wdi:papers:2002-472
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    References listed on IDEAS

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    1. Drusilla K. Brown & Alan V. Deardorff & Robert M. Stern, 2003. "Multilateral, Regional and Bilateral Trade‐Policy Options for the United States and Japan," The World Economy, Wiley Blackwell, vol. 26(6), pages 803-828, June.
    2. Drusilla K. Brown & Alan V. Deardorff & Robert M Stern, 2001. "Impacts on NAFTA Members of Multilateral and Regional Trading Arrangements and Initiatives and Harmonization of NAFTA's External Tariffs," Working Papers 471, Research Seminar in International Economics, University of Michigan.
    3. Bergsman, Joel & Broadman, Harry G. & Drebentsov, Vladimir, 2000. "Improving Russia's policy on foreign direct investment," Policy Research Working Paper Series 2329, The World Bank.
    4. M. Gorban' & S. Guriev & K. Yudaeva ., 2002. "Russia In Wto: Myths And Reality," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 2.
    5. Michalopoulos, Constantine & Tarr, David, 1997. "The economics of customs unions in the Commonwealth of Independent States," Policy Research Working Paper Series 1786, The World Bank.
    6. Paul Brenton & Natalia Tonrdyeva & Jhon Whalley, 2014. "The Potential Trade Effects of an FTA between the EU and Russia," World Scientific Book Chapters, in: INTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT Empirical Studies of Trade Policies, chapter 5, pages 83-103, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Hamilton, Carl B, 2003. "Russia's European Economic Integration: Escapism and Realities," CEPR Discussion Papers 3840, C.E.P.R. Discussion Papers.
    2. Babetskaia-Kukharchuk, Oxana & Maurel, Mathilde, 2004. "Russia's accession to the WTO: the potential for trade increase," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 680-699, December.
    3. Hamilton, Carl B., 2005. "Russia's European economic integration: Escapism and realities," Economic Systems, Elsevier, vol. 29(3), pages 294-306, September.
    4. Abdur Chowdhury, 2003. "Wto Accession: What’S In It For Russia?," William Davidson Institute Working Papers Series 2003-595, William Davidson Institute at the University of Michigan.

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    More about this item

    Keywords

    Russia; WTO Accession.;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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