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| Development of quantitative methodology measuring the impact of foreign trade agreements and treaties on Russia’s foreign trade and international competitiveness | 09-01-2007 |
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| How can one predict the policy outcomes in the area of foreign trade regulation? The main goal of the CEFIR project is to develop a set of computational general and partial equilibrium models for the Russian and the world economies for these purposes. |
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Project Dates: November 2006
Project Summary:
The demand for the quantitative analysis of the impact of foreign trade agreements and treaties on Russia’s foreign trade and international competitiveness has sharply increased in recent years. Russia’s accession to the WTO, Modification of the Agreement on Partnership and Cooperation between Russia and the EU, creation of the Common Economic Space are just a few examples when Russia needs to conduct quantitative analysis of available options in order to select the most appropriate strategy and a plan of actions.
The main goal of the project is to develop a set of computational general and partial equilibrium models for the Russian and the world economies, which will allow one to predict the policy outcomes in the area of foreign trade regulation.
Project Outcomes:
We have developed a set of computational general and partial equilibrium models for the Russian and the world economies, which allow to estimate:
- The consequences of entering into free trade agreements;
- The consequences of entering into investment protection agreements with individual countries or group of countries;
- The consequences for Russia in further trade liberalization within the WTO accession framework;
- The results of multilateral trade regulations’ revision.
The project deliverables include the report submitted to the Department of Foreign Economic Relations of the Ministry for Economic Development and Trade of RF. |
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