Directions of reforming the multilateral trading system and Russia's position in this process

Направления реформирования многосторонней торговой системы и позиции России в этом процессе

Pakhomov, Alexander (Пахомов, Александр) () and Княз Багдасарян ()
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Pakhomov, Alexander (Пахомов, Александр): Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: This study examines the main problems of the functioning of the multilateral trading system (MTS) at the present stage. This is caused by a complex of reasons - the changing balance of power and interests of world powers in the last decade, trade conflicts and sanctions, systemic problems of the WTO, the regionalization of the world economy and the emergence of integration mega-blocks. These problems were exacerbated by the pandemic and the subsequent global crisis. The article analyzes the prospects, and risks of trade and economic relations between the Russian Federation and various groups of countries near and far abroad, as well as groups of the world in the new conditions. The authors give an assessment of the existing problems and directions of MTS reform, which requires the interaction of all interested parties. The possibilities and limitations of Russia's effective participation in these processes are being studied.

Pages: 52 pages
Date: 2021-03
New Economics Papers: this item is included in nep-cis
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