An opinion editorial in The Daily Telegraph by Liam Halligan, chief economist at Prosperity Capital Management, says that the “stamp” of World Trade Organisation (WTO) approval, which could soon be followed by membership of the Organisation for Economic Co-operation and Development, should make mainstream investors less nervous about Russia.
An analysis by Reuters reporter, Sujata Rao, says that the kind of export and investment miracle enjoyed by Russia’s fellow-BRIC China after it joined the WTO is likely to remain well out of its reach. Russia is hobbled by a reputation for crony capitalism, red tape and disregard for investors' rights.
In an opinion editorial in The Moscow Times, former European trade commissioner, Peter Mandelson, explains how Russia can reap the benefits from joining the World Trade Organisation (WTO). The contract that WTO membership implies will encourage the kind of good behaviour the Russian economy needs to diversify.
An article in The Economist says that with Russia joining the World Trade Organisation (WTO), we will now get to see whether President Vladimir Putin really wants Russia to be a less terrible place to do business.
In an article in The Wall Street Journal, US Secretary of State, Hillary Clinton, argues that trade with Russia is a win-win. She calls on Congress to terminate the application of the Jackson-Vanik Amendment and extend "permanent normal trading relations" (PNTR) to Russia.
In a blog in The Huffington Post, Ed Gerwin, senior fellow for Trade and Global Economic Policy at Third Way, argues that bringing democratic reform to Russia will require concerted effort by the United States, its allies, NGOs, and the Russian people.
Submitted by Russia Foundation on Wed, 04/03/2013 - 12:15
In a guest post for the Russia Foundation website, Dr. Richard Connolly, an expert from the University of Birmingham on the WTO and specialist in the political economy of the post-socialist region, examines the possibilities for economic reform in Russia.