Economic Modernisation in Russia: The Role of the World Trade Organization

Connolly, Richard

doi:10.1080/15705854.2014.965891

Cited by 8 publications

(6 citation statements)

References 21 publications

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“…The fact that Russia’s trade pattern is different from that of the other BRICS members is because of its energy trade models, in which the presence or absence of Russia or its trading partner in the WTO is not very important. This finding is consistent with the studies by Bobek and Macek (2014) and Connolly (2015). They believe that Russia’s WTO membership in 2012 has not reformed its trade models, and the traditional model of energy trade has been a major contributor to its foreign trade.…”

Section: Discussionsupporting

confidence: 91%

BRICS-United Nations regional groups’ trade patterns: a panel-gravity approach

Jabalameli

Rasoulinezhad

2018

JCEFTS

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Purpose The purpose of this paper is to analyze and compare the similarities in the foreign trade patterns of China and the other BRICS (Brazil, Russia, India, China and South Africa) members. Design/methodology/approach Three panel data estimations, namely, fixed effect, random effect and fully modified ordinary least squares, have been conducted in this paper based on the gravitational model of international trade for bilateral trade of each BRICS member with five United Nations (UN) regional groups from 2001 to 2015. Findings The results revealed that Russia has a dissimilar trade pattern, based on the Heckscher–Ohlin (H-O) framework, with these five regional groups, while the other BRICS members follow the Linder hypothesis. Furthermore, it was found that China has a faster pace of globalization, while the rest of the BRICS members have experienced regionalization rather than globalization. In addition, geographical distance, as a proxy for transportation cost, has a weaker negative effect on the trade patterns of China and India, which makes the trade patterns of BRICS members dissimilar. Originality/value To the best of the authors’ knowledge, this paper is the first attempt to examine and compare the BRICS member countries’ foreign trade pattern through a gravity trade approach.

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Section: Discussionsupporting

confidence: 91%

BRICS-United Nations regional groups’ trade patterns: a panel-gravity approach

Jabalameli

Rasoulinezhad

2018

JCEFTS

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“…Their main objective is to consolidate the relations even in the absence of short-or midterm normative convergence. In this regard the main question, whether the EU economic relations can help in Russian modernization (Timmermann 1996;Popescu 2014;Connoly 2015). In this approach, the modernization is a rather value-neutral phenomenon with predominantly economic constituencies.…”

Section: Interpreting the Mission: The Eu's Russia Policymentioning

confidence: 99%

Relational locomotive or apple of discord? – Bilateral perceptions of the economic cooperation

Deák

Кузнецов

2019

Journal of Contemporary European Studies

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The article provides a typology and a comparative analysis of academic studies on EU-Russian economic cooperation since its formal inception in the early 1990s. The authors strive to present a contextual analysis, explaining how the bilateral trends have been perceived in the respective academic environments. On this basis, the paper accentuates problems of academic dialogue between EU and Russian researchers, like constraints of mutual internalization, language-determination, and different research agendas. Four European discourses on the role of economic relations in EU-Russian relations are identified: Normative one (economic and noneconomic interlinkages are inseparable and structurally determined), 'Business case' discourse (economic relations constitute an inherent system), 'Neo-Ostpolitik' discourse (establish reliable and trustful relations between the EU and Russia) and 'Economic statecraft' discourse (maximizing EU power and disciplining Russia). Russian publications are usually more policy-oriented compared to Western studies. We trace four periods: Illusions of Euro optimism during Russian market transformation (1992--1999); Adaptation to the EU enlargement and Putin's attempts to establish a partnership with leading EU member states (1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008); Crisis in EU-Russian relations (2008)(2009)(2010)(2011)(2012)(2013)(2014)(2015) and New Cold War (since 2015). KEYWORDSEU-Russian economic cooperation; EU-Russian energy dialogue; investment climate; foreign direct investment (FDI)

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“…While the EU is the world's largest single market area and most outward oriented economy, the Russian economy remains in need of modernization. According to a study (2015) by Dr. Richard Connolly, director of the Centre for Russian, European, and Eurasian Studies at the University of Birmingham, the Russian economy is overly dependent on natural resources and struggles with comparatively low rates of productivity growth compared to its European counterparts (Connolly, 2015). Starting in 1994 with the signing of the Agreement on Partnership and Cooperation between Russia and the EU, Russia has tried to modernize and strengthen its economy and partnership with the European Union.…”

Section: Introductionmentioning

confidence: 99%

Obstacles to the Russian Modernization Agenda Through a Two-Level Analysis Approach

DeVos

Berge²

2021

J Stud Res

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Economic modernization in Russia is heavily reliant on increased market competition and diversity within the Russian economy. However, modernization has been largely unsuccessful due to a misalignment between the goals of the Russian modernization agenda, including those in the PCA and P4M, and the state’s behavior both domestically and internationally. This study finds that domestic institutions within Russia continue to execute on a legislative agenda contradictory to their modernization agenda due to both state security priorities and the power imbalances within the government.

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Economic Modernisation in Russia: The Role of the World Trade Organization

Cited by 8 publications

References 21 publications

BRICS-United Nations regional groups’ trade patterns: a panel-gravity approach

BRICS-United Nations regional groups’ trade patterns: a panel-gravity approach

Relational locomotive or apple of discord? – Bilateral perceptions of the economic cooperation

Obstacles to the Russian Modernization Agenda Through a Two-Level Analysis Approach

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