Ukraine’s WTO Accession
Ukraine’s WTO Accession

Author: Ihor Burakovsky

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 256

ISBN-13: 3790827096

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Lars Handrich German Advisory Group on Economic Reforms with the Ukrainian Government 1 Ukraine on the way to WTO membership The first announcements by Ukraine to join the World Trade Organisation (WTO) were made in 1993. In the following year the Working group on Ukraine's accession was established. But successive Ukrainian governments had to sideline the issue of WTO accession, as the country went through a decade of unprecedented and severe economic decline. Only in the year 2000 the Ukrainian economy started to achieve positive real economic growth. Since then Ukraine embarked on a stable path of economic growth and continues to grow even under conditions ofa sluggish world economy and protectionist reflexes in some ofUkraine's export markets. According to the macroeconomic forecast of the Institute for Economic Research and Policy Consulting Ukrainian GDP will grow by 5,4% in 2003 in real terms and by 5,I% 1 in 2004. For Ukraine WTO accession is of special importance. Ukraine records an extremely high exports-to-GDP ratio of over 60% - almost twice the ratio for Germany.' The large ratio and the little diversified structure ofUkraine's imports and exports make Ukraine seriously vulnerable to external shocks resulting from changes in trade regimes. Joining the WTO, trade among WTO members amounting to more then 90% of world trade, could reduce the risks related to external trade and Ukraine could derive substantial economic and hence welfare benefits from the membership in WTO.

The Impact of WTO Membership
The Impact of WTO Membership

Author: Anastasia Loginova

Publisher: Routledge

Published: 2017-08-10

Total Pages: 187

ISBN-13: 1317097890

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What lessons can be learnt from the accession to the World Trade Organization (WTO) of Russia, China, and Ukraine? Were there any peculiarities in the adaptation of their economies to the rules and norms of the organisation, and what impact did it have on the world trade system? This detailed, systematic, and comparative analysis of the social and economic impact of the accession of these countries to the WTO addresses these questions, presenting an economic and legal analysis of the reasons and consequences of their joining the WTO. Comparative legal and economic methods are used to explore the social and economic causes and consequences of membership for post-communist states and to suggest ways in which new members can adapt to WTO standards. This work will be of interest to experts and students in the fields of economics, jurisprudence, and customs affairs.

Introduction and Summary to the Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS
Introduction and Summary to the Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS

Author: David Tarr

Publisher: World Bank Publications

Published: 2005

Total Pages: 29

ISBN-13:

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"This paper is the introduction and summary chapter of the 43 chapter volume entitled Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS. The key policy conclusions of each of the chapters are highlighted in this paper. The Handbook will be published only in Russian in 2005, but an English language version of the majority of the papers described here is available on the website www.worldbank.org/trade/russia-wto. This paper first explains the potential importance of World Trade Organization (WTO) accession as a development tool, and discusses the recent successful development models and the role of trade policy in their development. The paper then summarizes the three parts of the Handbook. The first part treats trade policy (with applications to Russia and the Commonwealth of Independent States [CIS]). The second part treats World Trade Organization institutions and disciplines, again with Russia and CIS applications. And the third part focuses on various aspects of the impact of WTO accession on Russia. The numerous papers that relate trade policy and WTO accession to experience in Russia and the CIS are likely to be of special interest to native English speakers, since these papers are new to the literature. The papers in the Handbook are intended to be non-technical materials accessible to a wide policy audience. The Handbook forms the basis of a World Bank Institute course on trade policy and WTO accession, which has been delivered and will be delivered again on multiple occasions. "--World Bank web site.

Ukraine's Trade Policy
Ukraine's Trade Policy

Author:

Publisher: World Bank Publications

Published: 2005

Total Pages: 270

ISBN-13: 0821362879

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Drawing attention to the importance of the post-WTO accession agenda, this book identifies the key drivers of Ukraine's trade performance, assesses trade policies, and provides recommendations to strengthen the country's trade integration strategy. It also identifies core bottlenecks in the integration processes.

Russian Wto Accession: what Has Been Accomplished, what Can be Expected
Russian Wto Accession: what Has Been Accomplished, what Can be Expected

Author: David Tarr

Publisher: World Bank Publications

Published: 2012

Total Pages: 20

ISBN-13:

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This paper summarizes the principal reform commitments that Russia has undertaken as part of its World Trade Organization (WTO) accession negotiations, providing detailed assessments in banking, insurance, and agriculture. The paper assesses the gains to the Russian economy from these commitments, based on a summary of several modeling efforts undertaken by the author and his colleagues. The author compares Russian commitments with those of other countries that have recently acceded to the WTO to assess the claim that the demands on Russia are excessive due to political considerations. He explains why Russian WTO accession will result in the elimination of the Jackson-Vanik Amendment against Russia. Finally, he discusses the remaining issues in the negotiations and the time frame for Russian accession as of the fall of 2007.

Ukraine in the WTO
Ukraine in the WTO

Author: Elena Anatolyevna Bessonova

Publisher:

Published: 2015

Total Pages: 18

ISBN-13:

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Over 6 years have passed since Ukraine became a member of the WTO. The accession has had both positive and negative effects on the country's economy. The process of accession took place in the absence of any definite economic development strategy. As a consequence, the national manufacturers were hurt in many respects. Ukraine acceded to the WTO on terms rather unfavourable for the country, with little to no regard for the opinions of experts and the business milieu. That resulted in losses for the most vulnerable sectors of Ukraine's economy. Those are the industries which produce high value-added products, including machine building, consumer goods industry and food-processing. This goes to show that the country's WTO membership was detrimental for the innovation-oriented industries involving high technologies. The branches of the real sector of the economy which produce low value-added products (such as agriculture, chemical industry, and metallurgy) fared better. Despite the patterns of poor judgment shown, there are certain positive effects of Ukraine's WTO membership. Among them one can mention the possibility to conduct equitable dialogue with the country's foreign trade partners, enhancement of competitive advantages of the major producers in the real sector, provision of incentives to harnessing new technologies, improvement of production quality in order to enhance the competitiveness on the global market. Ukraine's experience shows that it is obviously necessary for Russia to make efforts in order to ensure that Russia's WTO membership would advantage the national economy and the real sector entities. Russia's WTO membership can give a great impetus to the country development, but only if relevant domestic reforms will adapt Russian economic and legislative institutions to the conditions of the WTO multilateral trade agreements.

Accession to the Wto
Accession to the Wto

Author: Igor Eromenko

Publisher: LAP Lambert Academic Publishing

Published: 2011-01

Total Pages: 156

ISBN-13: 9783843391009

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This research studies the accession of a developing country to the World Trade Organisation on the case of Ukraine. Quantitative results are obtained by building a Computable General Equilibrium model in the mathematical programming language General Algebraic Modelling System (GAMS). Four scenarios are simulated: 1) import tariffs reform; 2) improvement of exports access; 3) improvement of investment climate and 4) the scenario that combines previous three, or a full WTO accession. The results of the model show that in all scenarios there is growth of both exports and imports. By contrast, output and household consumption levels vary from scenario to scenario. The first two simulations, tariff reform and improvement of export access, show no significant change in domestic production and consumption. Thus, with expanded trade and practically the same output and consumption, Ukraine merely becomes more open and shifts to foreign trade. In the third scenario, improvement of investment climate has the most favourable results. Owning to better allocation of resources, both domestic production and consumption expand and the welfare of households increases.