Russian Trade and Foreign Direct Investment Policy at the Crossroads

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dc.creatorTarr, David
dc.creatorVolchkova, Natalya
dc.date2012-03-19T18:39:00Z
dc.date2012-03-19T18:39:00Z
dc.date2010-03-01
dc.date.accessioned2026-07-01T01:16:13Z
dc.descriptionThis paper summarizes the estimates of what Russia will get from World Trade Organization accession and why. A key finding is the estimate that Russia will gain about $53 billion per year in the medium term from World Trade Organization accession and $177 billion per year in the long term, due largely to its own commitments to reform its own business services sectors. The paper summarizes the principal reform commitments that Russia has undertaken as part of its World Trade Organization accession negotiations, and compares them with those of other countries that have acceded to the World Trade Organization. It finds that the Russian commitments represent a liberal offer to the members of the World Trade Organization for admission, but they are typical of other transition countries that have acceded to the World Trade Organization. The authors discuss the outstanding issues in the Russian World Trade Organizaiton accession negotiations, and explain why Russian accession will result in the elimination of the Jackson-Vanik Amendment against Russia. They discuss Russian policies to attract foreign direct investment, including an assessment of the impact of the 2008 law on strategic sectors and the increased role of the state in the economy. Finally, the authors assess the importance of Russian accession to Russia and to the international trading community, and suggestions for most efficiently meeting the government s diversification objective.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100331125304
dc.identifierhttps://hdl.handle.net/10986/3742
dc.identifierhttps://doi.org/10.1596/1813-9450-5255
dc.identifier.urihttp://hdl.handle.net/123456789/416589
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5255
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESSION
dc.subjectACCESSION COMMITMENTS
dc.subjectACCESSION NEGOTIATIONS
dc.subjectACCESSION PROCESS
dc.subjectACCESSION TO THE WORLD TRADE ORGANIZATION
dc.subjectADJUSTMENT ASSISTANCE
dc.subjectAGRICULTURAL MARKET ACCESS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURAL SUBSIDIES
dc.subjectAGRICULTURAL SUPPORT
dc.subjectAGRICULTURAL TRADE
dc.subjectAGRICULTURE
dc.subjectANTIDUMPING
dc.subjectANTIDUMPING CASES
dc.subjectAVERAGE TARIFF
dc.subjectAVERAGE TARIFFS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK POLICY
dc.subjectBANKING
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBENEFICIAL IMPACT
dc.subjectBENEFITS
dc.subjectBID
dc.subjectBILATERAL AGREEMENT
dc.subjectBILATERAL AGREEMENTS
dc.subjectBRANCH BANKING
dc.subjectBUSINESS CLIMATE
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL OWNERS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCLOSED ECONOMIES
dc.subjectCOMMODITIES
dc.subjectCOMMUNICATION
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ECONOMICS
dc.subjectCONCESSIONS
dc.subjectCONSUMERS
dc.subjectCONSUMPTION
dc.subjectCONTRACT
dc.subjectCROP INSURANCE
dc.subjectCROSS-BORDER TRANSACTIONS
dc.subjectCUSTOMS ADMINISTRATION
dc.subjectCUSTOMS UNION
dc.subjectCUSTOMS UNIONS
dc.subjectDEBT
dc.subjectDEBT MANAGEMENT
dc.subjectDEGREE OF RISK
dc.subjectDEPOSITORS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT
dc.subjectDEVELOPMENT AGENDA
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIRECT PAYMENTS
dc.subjectDISPUTE SETTLEMENT
dc.subjectDISPUTE SETTLEMENT PROCEDURES
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMETRIC ESTIMATES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LAW
dc.subjectECONOMIC REFORM
dc.subjectECONOMICS
dc.subjectECONOMY
dc.subjectEMERGING ECONOMIES
dc.subjectEXCHANGE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectEXPORT MARKETS
dc.subjectEXPORT PRICE
dc.subjectEXPORT TAX
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL DEBT
dc.subjectFINANCE
dc.subjectFISCAL POLICY
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN FIRM
dc.subjectFOREIGN GOVERNMENTS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTMENTS
dc.subjectFOREIGN INVESTOR
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN SHARES
dc.subjectFREE RIDER
dc.subjectFREE RIDER PROBLEM
dc.subjectFUTURE
dc.subjectGDP
dc.subjectGOOD
dc.subjectGOODS
dc.subjectGROSS VALUE
dc.subjectGROWTH RATE
dc.subjectHOME COUNTRY
dc.subjectINCOME
dc.subjectINCREASED COMPETITION
dc.subjectINDIVIDUAL COUNTRIES
dc.subjectINDUSTRIAL POLICY
dc.subjectINDUSTRIALIZATION
dc.subjectINFLUENCE
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINPUTS
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY REGIME
dc.subjectINTEREST
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTING
dc.subjectINVESTMENT
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT REGIMES
dc.subjectINVESTMENTS
dc.subjectJOINT VENTURES
dc.subjectLEGAL AGREEMENTS
dc.subjectLEVEL OF COMMITMENTS
dc.subjectLIBERALIZATION OF TRADE
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARGINAL BENEFITS
dc.subjectMARKET ACCESS
dc.subjectMARKET REFORMS
dc.subjectMARKET_ACCESS
dc.subjectMEMBER COUNTRIES
dc.subjectMEMBERSHIP IN THE WTO
dc.subjectMONOPOLY
dc.subjectMULTINATIONAL BANKS
dc.subjectMULTINATIONAL FIRMS
dc.subjectNATIONAL TREATMENT
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL MONOPOLIES
dc.subjectNEGATIVE EFFECT
dc.subjectNON-TARIFF BARRIERS
dc.subjectOIL PRICES
dc.subjectOPEN ECONOMIES
dc.subjectOPEN ECONOMY
dc.subjectOPENNESS
dc.subjectOPTIONS
dc.subjectPAYMENTS
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL CONSIDERATIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOVERTY
dc.subjectPOVERTY REDUCTION
dc.subjectPOWER PARITY
dc.subjectPREFERENTIAL STATUS
dc.subjectPRICE
dc.subjectPRICES
dc.subjectPRODUCTION STRUCTURE
dc.subjectPRODUCTIVE ASSETS
dc.subjectPROFITS
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE
dc.subjectREGIONAL TRADE
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectREVENUE
dc.subjectREVENUES
dc.subjectRISK SHARING
dc.subjectSECURITY
dc.subjectSERVICE SECTORS
dc.subjectSERVICES DIMENSION
dc.subjectSERVICES SECTORS
dc.subjectSHARE
dc.subjectSKILLED WORKERS
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE TRADING
dc.subjectSTOCK
dc.subjectSUBSIDIES
dc.subjectSUBSIDY
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTARIFF BARRIERS
dc.subjectTAXATION
dc.subjectTAXES
dc.subjectTELECOMMUNICATIONS
dc.subjectTELECOMMUNICATIONS REFORM
dc.subjectTELEPHONE SERVICES
dc.subjectTRADE
dc.subjectTRADE BALANCE
dc.subjectTRADE DISPUTES
dc.subjectTRADE FACILITATION
dc.subjectTRADE INTERESTS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICY
dc.subjectTRADE POLICY REFORM
dc.subjectTRADE REGIME
dc.subjectTRADING PARTNERS
dc.subjectTRANSACTION
dc.subjectTRANSITION COUNTRIES
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTURNOVER
dc.subjectUNIFORM TARIFFS
dc.subjectUNILATERAL REFORMS
dc.subjectURBAN HOUSEHOLDS
dc.subjectURUGUAY ROUND
dc.subjectVALUATION
dc.subjectVALUE
dc.subjectVALUE ADDED
dc.subjectVOLATILITY
dc.subjectWELFARE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.subjectWTO ACCESSION
dc.subjectWTO ACCESSION NEGOTIATIONS
dc.subjectWTO AGREEMENT
dc.subjectWTO AGREEMENTS
dc.subjectWTO COMMITMENTS
dc.subjectWTO MEMBERS
dc.subjectWTO MEMBERSHIP
dc.subjectWTO RULES
dc.titleRussian Trade and Foreign Direct Investment Policy at the Crossroads

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