Environmental Perspective of Russia's Accession to the World Trade Organization

Russia's exports, imports, and ability to attract foreign direct investment (FDI) continue to grow. In December 2011, after eighteen years of negotiations, the World Trade Organization (WTO) invited Russia to join WTO on the basis of the negot...

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Bibliographic Details
Main Author: World Bank
Format: Other Environmental Study
Language:English
en_US
Published: Washington, DC 2014
Subjects:
AIR
CO
CO2
CRU
GAS
GDP
GHG
Online Access:http://documents.worldbank.org/curated/en/2014/02/19243627/environmental-perspective-russias-accession-world-trade-organization
http://hdl.handle.net/10986/17799
id okr-10986-17799
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT COSTS
ACID
ACID RAIN
ACIDIFICATION
AIR
AIR EMISSIONS
AIR POLLUTION
AIR POLLUTION CONTROL
ANNUAL EMISSIONS
ATMOSPHERIC PARTICULATES
AUDITS
BASE YEAR
BENCHMARKING
BILATERAL TRADE
CANCER
CAPITAL FORMATION
CARBON
CARBON CAPTURE
CARBON CONTENT
CARBON DIOXIDE
CARBON MONOXIDE
CHEMICALS
CLEAN TECHNOLOGIES
CLEANER TECHNOLOGIES
CLIMATE
CLIMATE CHANGE
CO
CO2
COAL
COLORS
COMBUSTION
COMPARATIVE ADVANTAGE
COMPETITIVE MARKETS
COMPETITIVENESS
CONSTANT RETURNS TO SCALE
CONSTRUCTION MATERIALS
CONSUMER SURPLUS
CONSUMPTION PATTERNS
COST ANALYSIS
COST SAVINGS
CRU
CRUDE OIL
DECISION MAKING
DEVELOPMENT ECONOMICS
ECONOMIC ACTIVITY
ECONOMIC CIRCUMSTANCES
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INCENTIVES
ECONOMIC OBJECTIVES
ECONOMIC PERFORMANCE
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC THEORY
ECONOMICS
ECONOMISTS
EFFICIENCY IMPROVEMENTS
ELASTICITIES
ELASTICITY
ELASTICITY OF SUBSTITUTION
ELECTRICITY GENERATION
EMISSION
EMISSION ABATEMENT
EMISSION CONTROL
EMISSION INTENSITY
EMISSION LEVELS
EMISSION LIMIT
EMISSION PRICING
EMISSION REDUCTION
EMISSION REDUCTION TARGET
EMISSION TAXES
EMISSION TRADING
EMISSIONS FROM FUEL
EMISSIONS LEVELS
EMISSIONS REDUCTION
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
ENERGY CONSUMPTION
ENERGY EFFICIENCY
ENERGY EFFICIENT TECHNOLOGIES
ENERGY MIX
ENVIRONMENTAL
ENVIRONMENTAL ACCOUNTING
ENVIRONMENTAL COSTS
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL IMPROVEMENT
ENVIRONMENTAL PERFORMANCE
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL QUALITY STANDARDS
ENVIRONMENTAL REGULATIONS
ENVIRONMENTS
EQUILIBRIUM
EQUIVALENT VARIATION
EUTROPHICATION
EXCHANGE RATES
EXPENDITURES
EXPORTS
FERROUS METALS
FERTILIZERS
FORESTRY
FOSSIL FUEL
FOSSIL FUELS
FREE TRADE
FUEL SUBSTITUTION
FUEL SWITCHING
FUEL USE
GAS
GAS PRODUCTION
GDP
GENERAL EQUILIBRIUM ANALYSES
GENERATION CAPACITY
GHG
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
GREENHOUSE GASSES
GROSS DOMESTIC PRODUCT
HAZARDOUS WASTE
HYDROCARBONS
HYDROMETEOROLOGY
IMPERFECT COMPETITION
INCINERATION
INCOME
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIRECT EMISSIONS FROM ELECTRICITY
INDUSTRIAL EMISSIONS
INDUSTRIAL POLLUTION
INEFFICIENCY
INTEGRATED ASSESSMENT FRAMEWORK
INTERMEDIATE INPUTS
INTERNATIONAL TRADE
IRON
LABOR PRODUCTIVITY
LOWERING TRADE BARRIERS
spellingShingle ABATEMENT COSTS
ACID
ACID RAIN
ACIDIFICATION
AIR
AIR EMISSIONS
AIR POLLUTION
AIR POLLUTION CONTROL
ANNUAL EMISSIONS
ATMOSPHERIC PARTICULATES
AUDITS
BASE YEAR
BENCHMARKING
BILATERAL TRADE
CANCER
CAPITAL FORMATION
CARBON
CARBON CAPTURE
CARBON CONTENT
CARBON DIOXIDE
CARBON MONOXIDE
CHEMICALS
CLEAN TECHNOLOGIES
CLEANER TECHNOLOGIES
CLIMATE
CLIMATE CHANGE
CO
CO2
COAL
COLORS
COMBUSTION
COMPARATIVE ADVANTAGE
COMPETITIVE MARKETS
COMPETITIVENESS
CONSTANT RETURNS TO SCALE
CONSTRUCTION MATERIALS
CONSUMER SURPLUS
CONSUMPTION PATTERNS
COST ANALYSIS
COST SAVINGS
CRU
CRUDE OIL
DECISION MAKING
DEVELOPMENT ECONOMICS
ECONOMIC ACTIVITY
ECONOMIC CIRCUMSTANCES
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INCENTIVES
ECONOMIC OBJECTIVES
ECONOMIC PERFORMANCE
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC THEORY
ECONOMICS
ECONOMISTS
EFFICIENCY IMPROVEMENTS
ELASTICITIES
ELASTICITY
ELASTICITY OF SUBSTITUTION
ELECTRICITY GENERATION
EMISSION
EMISSION ABATEMENT
EMISSION CONTROL
EMISSION INTENSITY
EMISSION LEVELS
EMISSION LIMIT
EMISSION PRICING
EMISSION REDUCTION
EMISSION REDUCTION TARGET
EMISSION TAXES
EMISSION TRADING
EMISSIONS FROM FUEL
EMISSIONS LEVELS
EMISSIONS REDUCTION
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
ENERGY CONSUMPTION
ENERGY EFFICIENCY
ENERGY EFFICIENT TECHNOLOGIES
ENERGY MIX
ENVIRONMENTAL
ENVIRONMENTAL ACCOUNTING
ENVIRONMENTAL COSTS
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL IMPROVEMENT
ENVIRONMENTAL PERFORMANCE
ENVIRONMENTAL POLICIES
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
ENVIRONMENTAL QUALITY STANDARDS
ENVIRONMENTAL REGULATIONS
ENVIRONMENTS
EQUILIBRIUM
EQUIVALENT VARIATION
EUTROPHICATION
EXCHANGE RATES
EXPENDITURES
EXPORTS
FERROUS METALS
FERTILIZERS
FORESTRY
FOSSIL FUEL
FOSSIL FUELS
FREE TRADE
FUEL SUBSTITUTION
FUEL SWITCHING
FUEL USE
GAS
GAS PRODUCTION
GDP
GENERAL EQUILIBRIUM ANALYSES
GENERATION CAPACITY
GHG
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
GREENHOUSE GASSES
GROSS DOMESTIC PRODUCT
HAZARDOUS WASTE
HYDROCARBONS
HYDROMETEOROLOGY
IMPERFECT COMPETITION
INCINERATION
INCOME
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIRECT EMISSIONS FROM ELECTRICITY
INDUSTRIAL EMISSIONS
INDUSTRIAL POLLUTION
INEFFICIENCY
INTEGRATED ASSESSMENT FRAMEWORK
INTERMEDIATE INPUTS
INTERNATIONAL TRADE
IRON
LABOR PRODUCTIVITY
LOWERING TRADE BARRIERS
World Bank
Environmental Perspective of Russia's Accession to the World Trade Organization
geographic_facet Europe and Central Asia
Russian Federation
relation Agriculture and environmental services discussion paper;no. 6
description Russia's exports, imports, and ability to attract foreign direct investment (FDI) continue to grow. In December 2011, after eighteen years of negotiations, the World Trade Organization (WTO) invited Russia to join WTO on the basis of the negotiated protocol of Russian accession. Russia ratified the agreement in July 2012. As part of its accession to the WTO, Russia agreed to a series of important commitments to further open its trade and foreign investment regimes. Russia will apply international standards on sanitary measures and technical barriers to trade. Policies which promote energy efficiency, technology innovation, clean production in supply chains, and addressing climate change are receiving increasing attention in Russian society, and nowadays, shape the economic modernization agenda of the Russian political leadership. This report is designed to provide senior Russian policy makers with recommendations on certain areas where national environmental protection policies can be complemented by the benefits of trade liberalization. Industrial leaders may also benefit from many of the report's conclusions and recommendation. The report has several objectives. The first is to draw attention to the local impacts of air pollution impacting human health which has been previously estimated to be between 12 and 17 percent of all-cause mortality in Russia and costing the economy upwards of 14 billion dollars annually. Correcting for this "external cost" to society is not trivial and has serious implications for sector reform. The second objective is about reducing global warming, and in particular carbon dioxide (CO2). Russia's commitments to reducing greenhouse gas emissions have adjustment costs to the economy and the modeling undertaken in this report provides some relative magnitude. The third objective is related to the technological modernization that needs to take place in order to realize cost reductions (efficiency improvements) and what the associated environmental benefits will be. Finally, the report also demonstrates how the Government can reduce the marginal cost of funds from Russia's tax system. What this means is that money is currently being spent (tax Rubles) in an inefficient manner - either through large subsidies or funding inefficient production and consumption. The model investigates the impacts of trade liberalization through three impacts: the change in production output (the scale effect), sector mix (the composition effect), and productivity (the technique effect). The model highlights several areas where benefits can lead to better protection of the environment, and where liberalization measures can significantly enhance the effectiveness of national policies to address key environmental challenges. This report discusses Russia's accession to WTO from this perspective.
format Economic & Sector Work :: Other Environmental Study
author World Bank
author_facet World Bank
author_sort World Bank
title Environmental Perspective of Russia's Accession to the World Trade Organization
title_short Environmental Perspective of Russia's Accession to the World Trade Organization
title_full Environmental Perspective of Russia's Accession to the World Trade Organization
title_fullStr Environmental Perspective of Russia's Accession to the World Trade Organization
title_full_unstemmed Environmental Perspective of Russia's Accession to the World Trade Organization
title_sort environmental perspective of russia's accession to the world trade organization
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/02/19243627/environmental-perspective-russias-accession-world-trade-organization
http://hdl.handle.net/10986/17799
_version_ 1764438370685026304
spelling okr-10986-177992021-04-23T14:03:40Z Environmental Perspective of Russia's Accession to the World Trade Organization World Bank ABATEMENT COSTS ACID ACID RAIN ACIDIFICATION AIR AIR EMISSIONS AIR POLLUTION AIR POLLUTION CONTROL ANNUAL EMISSIONS ATMOSPHERIC PARTICULATES AUDITS BASE YEAR BENCHMARKING BILATERAL TRADE CANCER CAPITAL FORMATION CARBON CARBON CAPTURE CARBON CONTENT CARBON DIOXIDE CARBON MONOXIDE CHEMICALS CLEAN TECHNOLOGIES CLEANER TECHNOLOGIES CLIMATE CLIMATE CHANGE CO CO2 COAL COLORS COMBUSTION COMPARATIVE ADVANTAGE COMPETITIVE MARKETS COMPETITIVENESS CONSTANT RETURNS TO SCALE CONSTRUCTION MATERIALS CONSUMER SURPLUS CONSUMPTION PATTERNS COST ANALYSIS COST SAVINGS CRU CRUDE OIL DECISION MAKING DEVELOPMENT ECONOMICS ECONOMIC ACTIVITY ECONOMIC CIRCUMSTANCES ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC OBJECTIVES ECONOMIC PERFORMANCE ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMIC THEORY ECONOMICS ECONOMISTS EFFICIENCY IMPROVEMENTS ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY GENERATION EMISSION EMISSION ABATEMENT EMISSION CONTROL EMISSION INTENSITY EMISSION LEVELS EMISSION LIMIT EMISSION PRICING EMISSION REDUCTION EMISSION REDUCTION TARGET EMISSION TAXES EMISSION TRADING EMISSIONS FROM FUEL EMISSIONS LEVELS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY EFFICIENT TECHNOLOGIES ENERGY MIX ENVIRONMENTAL ENVIRONMENTAL ACCOUNTING ENVIRONMENTAL COSTS ENVIRONMENTAL DEGRADATION ENVIRONMENTAL GOODS ENVIRONMENTAL IMPACTS ENVIRONMENTAL IMPROVEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROTECTION ENVIRONMENTAL QUALITY ENVIRONMENTAL QUALITY STANDARDS ENVIRONMENTAL REGULATIONS ENVIRONMENTS EQUILIBRIUM EQUIVALENT VARIATION EUTROPHICATION EXCHANGE RATES EXPENDITURES EXPORTS FERROUS METALS FERTILIZERS FORESTRY FOSSIL FUEL FOSSIL FUELS FREE TRADE FUEL SUBSTITUTION FUEL SWITCHING FUEL USE GAS GAS PRODUCTION GDP GENERAL EQUILIBRIUM ANALYSES GENERATION CAPACITY GHG GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSION REDUCTION GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GREENHOUSE GASSES GROSS DOMESTIC PRODUCT HAZARDOUS WASTE HYDROCARBONS HYDROMETEOROLOGY IMPERFECT COMPETITION INCINERATION INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDIRECT EMISSIONS FROM ELECTRICITY INDUSTRIAL EMISSIONS INDUSTRIAL POLLUTION INEFFICIENCY INTEGRATED ASSESSMENT FRAMEWORK INTERMEDIATE INPUTS INTERNATIONAL TRADE IRON LABOR PRODUCTIVITY LOWERING TRADE BARRIERS Russia's exports, imports, and ability to attract foreign direct investment (FDI) continue to grow. In December 2011, after eighteen years of negotiations, the World Trade Organization (WTO) invited Russia to join WTO on the basis of the negotiated protocol of Russian accession. Russia ratified the agreement in July 2012. As part of its accession to the WTO, Russia agreed to a series of important commitments to further open its trade and foreign investment regimes. Russia will apply international standards on sanitary measures and technical barriers to trade. Policies which promote energy efficiency, technology innovation, clean production in supply chains, and addressing climate change are receiving increasing attention in Russian society, and nowadays, shape the economic modernization agenda of the Russian political leadership. This report is designed to provide senior Russian policy makers with recommendations on certain areas where national environmental protection policies can be complemented by the benefits of trade liberalization. Industrial leaders may also benefit from many of the report's conclusions and recommendation. The report has several objectives. The first is to draw attention to the local impacts of air pollution impacting human health which has been previously estimated to be between 12 and 17 percent of all-cause mortality in Russia and costing the economy upwards of 14 billion dollars annually. Correcting for this "external cost" to society is not trivial and has serious implications for sector reform. The second objective is about reducing global warming, and in particular carbon dioxide (CO2). Russia's commitments to reducing greenhouse gas emissions have adjustment costs to the economy and the modeling undertaken in this report provides some relative magnitude. The third objective is related to the technological modernization that needs to take place in order to realize cost reductions (efficiency improvements) and what the associated environmental benefits will be. Finally, the report also demonstrates how the Government can reduce the marginal cost of funds from Russia's tax system. What this means is that money is currently being spent (tax Rubles) in an inefficient manner - either through large subsidies or funding inefficient production and consumption. The model investigates the impacts of trade liberalization through three impacts: the change in production output (the scale effect), sector mix (the composition effect), and productivity (the technique effect). The model highlights several areas where benefits can lead to better protection of the environment, and where liberalization measures can significantly enhance the effectiveness of national policies to address key environmental challenges. This report discusses Russia's accession to WTO from this perspective. 2014-04-15T19:55:15Z 2014-04-15T19:55:15Z 2014-02 http://documents.worldbank.org/curated/en/2014/02/19243627/environmental-perspective-russias-accession-world-trade-organization http://hdl.handle.net/10986/17799 English en_US Agriculture and environmental services discussion paper;no. 6 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Other Environmental Study Europe and Central Asia Russian Federation