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Ukraine’s WTO Accession

Ukraine’s WTO Accession PDF Author: Ihor Burakovsky
Publisher: Springer Science & Business Media
ISBN: 9783790801378
Category : Business & Economics
Languages : en
Pages : 274

Book Description
This book addresses the domestic and economic policy challenges and opportunities that Ukraine faces in light of accession to the World Trade Organization (WTO). The country is politically committed to becoming a member. Experienced policy makers, international experts and scientists present their views on the country's path towards WTO membership. The contributors draw conclusions from previous accessions to WTO and discuss important aspects of institution building and the implementation of regulatory rules and their costs. Further, they argue that the country, which has an extremely high export-to-GDP ratio of over 60% (almost twice as high as Germany), needs to develop a coherent and WTO-compatible national trade policy. As the analysis shows, trade related policies are highly affected by WTO membership and Ukrainian competition and agricultural policies will need to become more market economy oriented. Still further, the text demonstrates that Ukraine is not likely to enjoy the full benefits of membership unless it pursues market oriented structural reforms. TOC:Part I: Accession to the WTO: Ukraine's Political Commitment.- Part II: Assessing Implications of WTO Membership.- Part III: WTO Membership and Implications for Competition Policy.- Part IV: WTO Membership and Implications for Agricultural Policy.

Ukraine’s WTO Accession

Ukraine’s WTO Accession PDF Author: Ihor Burakovsky
Publisher: Springer Science & Business Media
ISBN: 3790827096
Category : Political Science
Languages : en
Pages : 256

Book Description
Lars Handrich German Advisory Group on Economic Reforms with the Ukrainian Government 1 Ukraine on the way to WTO membership The first announcements by Ukraine to join the World Trade Organisation (WTO) were made in 1993. In the following year the Working group on Ukraine's accession was established. But successive Ukrainian governments had to sideline the issue of WTO accession, as the country went through a decade of unprecedented and severe economic decline. Only in the year 2000 the Ukrainian economy started to achieve positive real economic growth. Since then Ukraine embarked on a stable path of economic growth and continues to grow even under conditions ofa sluggish world economy and protectionist reflexes in some ofUkraine's export markets. According to the macroeconomic forecast of the Institute for Economic Research and Policy Consulting Ukrainian GDP will grow by 5,4% in 2003 in real terms and by 5,I% 1 in 2004. For Ukraine WTO accession is of special importance. Ukraine records an extremely high exports-to-GDP ratio of over 60% - almost twice the ratio for Germany.' The large ratio and the little diversified structure ofUkraine's imports and exports make Ukraine seriously vulnerable to external shocks resulting from changes in trade regimes. Joining the WTO, trade among WTO members amounting to more then 90% of world trade, could reduce the risks related to external trade and Ukraine could derive substantial economic and hence welfare benefits from the membership in WTO.

How Ukraine Became a Market Economy and Democracy

How Ukraine Became a Market Economy and Democracy PDF Author: Anders Åslund
Publisher: Columbia University Press
ISBN: 0881325066
Category : Political Science
Languages : en
Pages : 371

Book Description
One of Europe's old nations steeped in history, Ukraine is today an undisputed independent state. It is a democracy and has transformed into a market economy with predominant private ownership. Ukraine's postcommunist transition has been one of the most protracted and socially costly, but it has taken the country to a desirable destination. Åslund's vivid account of Ukraine's journey begins with a brief background, where he discusses the implications of Ukraine's history, the awakening of society because of Mikhail Gorbachev's reforms, the early democratization, and the impact of the ill-fated Soviet economic reforms. He then turns to the reign of President Leonid Kravchuk from 1991 to 1994, the only salient achievement of which was nation-building, while the economy collapsed in the midst of hyperinflation. The first two years of Leonid Kuchma's presidency, from 1994 to 1996, were characterized by substantial achievements, notably financial stabilization and mass privatization. The period 1996–99 was a miserable period of policy stagnation, rent seeking, and continued economic decline. In 2000 hope returned to Ukraine. Viktor Yushchenko became prime minister and launched vigorous reforms to cleanse the economy from corruption, and economic growth returned. The ensuing period, 2001–04, amounted to a competitive oligarchy. It was quite pluralist, although repression increased. Economic growth was high. The year 2004 witnessed the most joyful period in Ukraine, the Orange Revolution, which represented Ukraine's democratic breakthrough, with Yushchenko as its hero. The postrevolution period, however, has been characterized by great domestic political instability; a renewed, explicit Russian threat to Ukraine's sovereignty; and a severe financial crisis. The answers to these challenges lie in how soon the European Union fully recognizes Ukraine's long-expressed identity as a European state, how swiftly Ukraine improves its malfunctioning constitutional order, and how promptly it addresses corruption.

WTO Accessions and Trade Multilateralism

WTO Accessions and Trade Multilateralism PDF Author: Uri Dadush
Publisher: Cambridge University Press
ISBN: 1316368661
Category : Law
Languages : en
Pages : 1015

Book Description
What have WTO accessions contributed to the rules-based multilateral trading system? What demands have been made by original WTO members on acceding governments? How have the acceding governments fared? This volume of essays offers critical readings on how WTO accession negotiations have expanded the reach of the multilateral trading system not only geographically but also conceptually, clarifying disciplines and pointing the way to their further strengthening in future negotiations. Members who have acceded since the WTO was established now account for twenty per cent of total WTO membership. In the age of globalization there is an increased need for a universal system of trade rules. Accession negotiations have been used by governments as an instrument for domestic reforms, and one lesson from the accession process is that there are contexts which lead multilateral trade negotiations to successful outcomes even in the complex and multi-polar twenty-first century economic environment.

Negotiating Membership in the WTO and EU

Negotiating Membership in the WTO and EU PDF Author: Jamie E. Scalera
Publisher: Routledge
ISBN: 1351856731
Category : Political Science
Languages : en
Pages : 170

Book Description
With the accession of Afghanistan in 2016, the World Trade Organization (WTO) numbered 164 members with nineteen other states in line to join. The WTO is certainly not alone in its growth though; the Organization for Economic Cooperation and Development (OECD), the North Atlantic Treaty Organization (NATO), and the European Union (EU) are all expanding with dozens of states continuing to negotiate their potential membership. What impact does membership in international organizations really have? Why do some states have a seemingly easy path to joining international organizations while others find the process nearly impossible? What implications do these difficult accession processes have on the domestic and international politics of the acceding states? The author presents the two-level theory of accession, which highlights factors at the domestic level and international organization level, to explain how accession processes in the WTO and EU vary from state to state and the impact of these variations. In so doing, this book provides a unique perspective on the topic of membership in international organizations.

China and the WTO

China and the WTO PDF Author: Petros C. Mavroidis
Publisher: Princeton University Press
ISBN: 0691206597
Category : Business & Economics
Languages : en
Pages : 262

Book Description
"China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

WTO Accessions and Trade Multilateralism

WTO Accessions and Trade Multilateralism PDF Author: Uri Dadush
Publisher: Cambridge University Press
ISBN: 1107093368
Category : Business & Economics
Languages : en
Pages : 1015

Book Description
An examination of how WTO accession negotiations have expanded the reach of the multilateral trading system both geographically and conceptually.

Ukraine's Trade Policy

Ukraine's Trade Policy PDF Author:
Publisher: World Bank Publications
ISBN: 0821362879
Category : Political Science
Languages : en
Pages : 270

Book Description
Drawing attention to the importance of the post-WTO accession agenda, this book identifies the key drivers of Ukraine's trade performance, assesses trade policies, and provides recommendations to strengthen the country's trade integration strategy. It also identifies core bottlenecks in the integration processes.

Ukraine and the European Neighbourhood Policy

Ukraine and the European Neighbourhood Policy PDF Author: Olga Shumylo
Publisher: CEPS
ISBN: 9290796227
Category : European Union countries
Languages : en
Pages : 47

Book Description


Ukraine Country Study Guide Volume 1 Strategic Information and Developments

Ukraine Country Study Guide Volume 1 Strategic Information and Developments PDF Author: IBP USA
Publisher: Lulu.com
ISBN: 1438775830
Category : Business & Economics
Languages : en
Pages : 273

Book Description
Ukraine Country Study Guide - Strategic Informtion and Developments Volume 1 Strategic Information and Developments

The Impact of WTO Membership

The Impact of WTO Membership PDF Author: Anastasia Loginova
Publisher: Routledge
ISBN: 1317097890
Category : Political Science
Languages : en
Pages : 187

Book Description
What lessons can be learnt from the accession to the World Trade Organization (WTO) of Russia, China, and Ukraine? Were there any peculiarities in the adaptation of their economies to the rules and norms of the organisation, and what impact did it have on the world trade system? This detailed, systematic, and comparative analysis of the social and economic impact of the accession of these countries to the WTO addresses these questions, presenting an economic and legal analysis of the reasons and consequences of their joining the WTO. Comparative legal and economic methods are used to explore the social and economic causes and consequences of membership for post-communist states and to suggest ways in which new members can adapt to WTO standards. This work will be of interest to experts and students in the fields of economics, jurisprudence, and customs affairs.