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Observations On State Trading in the Russian Economy
Authors:Michalopoulos Constantine  Drebentsov Vladimir
Abstract:The paper presents an overview of state trading activities in Russia in light of that country's prospective accession to the World Trade Organization. The authors cover the origins of Russian state trading, developments after the collapse of the USSR, state involvement in barter trade, and its control of the organizational structure and remaining monopolies; they also attempt to estimate the government's share in Russia's foreign trade turnover in 1996 and mid-1997. A discussion of implications embraces issues relating to the inefficiencies of state trading and Russia's designation as a nonmarket economy by the United States and the countries of the European Union. Journal of Economic Literature, Classification Numbers: F13, F14, K33, N20, P33. 1 table, 20 references.
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