International Trade Issues of the Russian Federation

Gács, János and Peck, Merton and Illarionov, Andrei and Havlik, Peter and Kuboniva, Masaaki and Panitch, Vladimir and Sutela, Pekka and Lányi, Kamilla and Bulantsev, Vsevolod and Goldberg, Linda and Tenorio, Rafael and De Nicola, Carlo and Gros, Daniel and Drebentsov, Vladimir and Kuznetsov, Yevgeny and Lücke, Matthias and Sarafanov, Michail and Astapovich, Alexander (1995): International Trade Issues of the Russian Federation. Published in: IIASA Collaborative Paper No. CP-95-2 (March 1995): pp. 1-264.

Abstract

Trade and capital flows between Russia and the rest of the world are now significant for both partners. The economic reforms introduced in Russia since 1991 have converted an autarkic, highly regulated economy into a relatively open one. The dramatic change followed from the abolition of central planning and complex exchange rate controls as Yeltsin came to power in Russia and the Soviet Union collapsed. Yet the years since 1991 are not simply a record of tearing down trade barriers. Instead Russia's role in the international economy appears to be erratic and inconsistent. Also the transformation of earlier inter-republic deliveries between former republics of the Soviet Union to trade between independent states implied the sometimes controversial establishment of new trade barriers. The country's struggle to develop a viable trade policy provides unique insights into the consequences of the conflicts of economic ideas: free trade versus protectionism; rewards for economic efficiency versus social equity; and macroeconomic stability versus maintaining employment. The clash among policy proposals has been reflected in political struggles, for the decisions on these matters have an impact on the lives of the 179 million Russians. The papers that make up this volume are from a conference held in May 1994 at IIASA, in Laxenburg, Austria. The conference was on Russia's international trade issues, aside from its ties to the republics of the former Soviet Union, a topic of another conference in 1993.

• Item Type: MPRA Paper
• Language: English
• Keywords: Political stability, trade policy, currency markets, competitiveness, domestic and foreign trade
• Subjects: F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements; F - International Economics > F3 - International Finance > F31 - Foreign Exchange; P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P33 - International Trade, Finance, Investment, Relations, and Aid

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