V. Obolenskii, Institute of Economics RAS, 32, Nakhimovskii prosp., Moscow, 117218, Russian Federation (vobolenskiy@mail.ru).
Abstract. Negotiations on Russia's membership in WTO lasted for 17 years. In this article the results of these negotiations, possible advantages and risks connected with WTO-membership are analyzed, following official proceedings and Russian press accounts.
Keywords: WTO, Russia's commitment, trade and political advantages, macroeconomic consequences, branch risks
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