RUSSIA IN WTO: MYTHS AND REALITY

M. Gorban', Sergei Guriev and K. Yudaeva .

Voprosy Ekonomiki, 2002, vol. 2

Abstract: Russia's accession to the World Trade Organization (WTO) will cause much deeper changes in the Russian economy than mere adjustments in import tariffs affecting only certain industries. Given such an impact, the reasons for accession and its implications must be viewed from a broader perspective. Authors look at the eight major arguments "pro" and "contra" accession from the point of view of how to increase the benefits of accession. The highest benefits from accession can be achieved only if Russia at the same time conducts structural reforms aimed at improving its investment climate and increasing mobility of the economy. Russia's main comparative advantage in the global economy is high education attainment. This comparative advantage depreciates quite fast, and the major policy goal at the moment is to increase mobility of the economy before it is completely lost.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:2002-2-4

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().