The likely positive effects in the future of Russia’s accession to the WTO.

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The image is taken from the original article by David Tarr: 

In the published article, "World Bank" are the words of David Tarr * regarding Russia's accession to the WTO:

"After 18 years of negotiations Russia unable to agree terms its accession to the World Trade Organization. The World Bank suggests large and broad based income for Russia from accession. In the medium term, profit to be about 3% of GDP a year c growth wages on 4-5% and  with more than 99 % Of households, receiving income. Ultimately, profit be approximately 11% Russian GDP for year with growth wages about 13-17 % " concluded David Tarr, author notes the center of the World Bank on Russia's accession to the WTO.

"Despite on reduction in tariffs, Most of the sectors will increase profitability and competitiveness by lowering production costs (especially the service factor) and the increase in the price of exports. For sectors where workers can be moved, appropriate public policy should focus on helping to control movement Employees, providing resources for retraining and relocation Employees to higher-paying jobs — as opposed to subsidizing inefficient sectors and delay control over the productive economy. "


Article: World Bank

* Dr. David G. Tarr — consultant and former chief economist of the World Bank and Adjunct Professor of International Economics at the New Economic School, Moscow. He has created more than 60 peer-reviewed articles in leading economics journals, the author and editor of 11 books and monographs, as well as more than 100 other professional papers. Worked in more than 25 countries, advising on trade policy. Led the research of the World Bank to assess the impact of Russia's accession to the WTO.

Other opinions:

Costoyalsya next open workshop NES, which was addressed Maxim Medvedkov (Director of the Department of Trade Negotiations Ministry of Economic Development). Maxim Medvedkov, the head of a single negotiating group on Russia's accession to the WTO, spoke about the aims and objectives of Russia's accession to the World Trade Organization, described the main stages of the negotiation, outlined the main problems faced by our country in the process of negotiations.

Center for Economic and Financial Research "Russia in the WTO: Myths and Realities"

"The impact of Russia's accession to the WTO on the demand for labor."


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