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Predicting Belarus accession to World Trade Organization by applying a Neorealism approach

In: Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

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  • Chenni Cai

    (Maple Leaf International School)

Abstract

The suspension of Belarus' World Trade Organization (WTO) implementation and the effects of the Russia-Ukraine war are probably two of the most hotly debated issues. Belarus enlisted in the fight to uphold its long-standing relations with Russia, which had previously been at war with Ukraine. The WTO also put a hold on Belarus' bid to join the organization as this reason. As an outcome, this paper examines the present global situation of the new realism from the three revised for, guesses the upcoming economic policy, and asks whether Belarus can fulfill a wish to join the World Trade Organization this year based on trade data and members over the past few years. Finally, it is determined that while Belarus is unlikely to join the WTO this year, it is anticipated to do so in the future, based on the idea that doing so will help it resolve its own economic issues, resolve international relations hidden dangers brought on by the Russia-Ukraine war, and improve cooperative relations and trade exchanges internationally.

Suggested Citation

  • Chenni Cai, 2023. "Predicting Belarus accession to World Trade Organization by applying a Neorealism approach," Advances in Economics, Business and Management Research, in: Hrushikesh Mallick & Gaikar Vilas B. & Ong Tze San (ed.), Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022), pages 48-56, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-098-5_7
    DOI: 10.2991/978-94-6463-098-5_7
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