Russian Economic Report, March 2005

This issue combines an analysis of recent developments in the Russian economy with discussions of two critical issues for economic policy: achieving diversified growth and accession to the World Trade Organization (WTO). The conclusions are rather...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/794151468332974736/Russian-economic-report
http://hdl.handle.net/10986/36773
Description
Summary:This issue combines an analysis of recent developments in the Russian economy with discussions of two critical issues for economic policy: achieving diversified growth and accession to the World Trade Organization (WTO). The conclusions are rather optimistic. There is much that the Russian government can do to ensure sustainable and diversified growth, and this would not require a substantial change in course from the basic reform and policy strategy that has been pursued by the government since 2000. The draft Medium Term Social and Economic Program of the Government appears to be a promising document in this regard. An analysis based on a computable general equilibrium model of the Russian economy confirms that WTO accession should benefit the vast majority of households in the country, including the poor.