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Russia's Chemical and Petrochemical Industries at the Eve of Wto-Accession


Author Info

  • Oliver Budzinski

    (University of Southern Denmark in Esbjerg,Department of Environmental and Business Economics, Markets and Competition Group, Denmark,)

  • Elmira Schaimijeva

    (TOU WPO The Institute for Economics, Management and Law Russia)

  • Gjusel Gumerova

    (The Academy of National Economy under the Government of the Russian Federation, Moscow Russia)

  • Jörg Jasper

    (EnBW Berlin, Germany)


Although Russia's WTO-accession is foreseeable, there are still deficits in the literature on its concrete effects on the sectoral and regional levels. In this paper we analyze effects on Russia's chemical and petrochemical sectors (CPS), which are, unlike for example its oil and mineral gas industry, rarely in the focus of public attention. On the basis of an extensive examination of these sectors' current condition, we expect serious problems for them to emerge in the nearer future, the perhaps most serious and most puzzling problem being under-investment. Our analysis is based on data provided by GOSKOMSTAT/ROSSTAT, Russia's official statistics institute.

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Bibliographic Info

Article provided by ASERS Publishing in its journal Journal of Advanced Research in Law and Economics.

Volume (Year): I (2010)
Issue (Month): 2 (December)
Pages: 90 - 114

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Handle: RePEc:srs:jarle1:7:v:1:y:2010:i:2:p:90-114

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Keywords: Russia; chemical and petrochemical industries; WTO;

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