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An Economic Perspective on Russia's Accession to the WTO

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  • Robert M. Stern

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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.

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Bibliographic Info

Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 472.

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Length: 36 pages
Date of creation: 11 Jun 2002
Date of revision:
Handle: RePEc:wdi:papers:2002-472

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Keywords: Russia; WTO Accession.;

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References

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  1. 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, Research Seminar in International Economics, University of Michigan 471, Research Seminar in International Economics, University of Michigan.
  2. Drusilla K. Brown & Alan V. Deardorff & Robert M. Stern, 2001. "Multilateral, Regional, and Bilateral Trade-Policy Options for the United States and Japan," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University 0109, Department of Economics, Tufts University.
  3. 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.
  4. 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.
  5. Paul Brenton & Natalia Tourdyeva & John Whalley, 1997. "The potential trade effects of an FTA between the EU and Russia," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 133(2), pages 205-225, 06.
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Cited by:
  1. Hamilton, Carl B, 2003. "Russia's European Economic Integration: Escapism and Realities," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3840, C.E.P.R. Discussion Papers.
  2. Abdur Chowdhury, 2003. "Wto Accession: What’S In It For Russia?," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan 2003-595, William Davidson Institute at the University of Michigan.

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