TY  - BOOK
ED  - World Bank.
ED  - World Bank.
TI  - Assessing the Impact of WTO Accession on Belarus: A Quantitative Evaluation
T2  - Foreign Trade, Foreign Direct Investment, and Capital Flows Study
PY  - 2016///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Agriculture
KW  - Analysis of Economic Growth
KW  - Capital
KW  - Competition
KW  - Consumer Protection
KW  - Consumers
KW  - Deregulation
KW  - Economic Management
KW  - Economic theory & Research
KW  - Economics
KW  - Economy
KW  - Elasticity of Demand
KW  - Financial Sector
KW  - Gdp
KW  - Gross Domestic Product
KW  - Incentives
KW  - Macroeconomics
KW  - Macroeconomics and Economic Growth
KW  - Measurement
KW  - Monopolies
KW  - Open Markets
KW  - Petroleum Products
KW  - Productivity
KW  - Profitability
KW  - Public Safety
KW  - Railways
KW  - Rent Seeking
KW  - Savings
KW  - Taxes
KW  - Telecommunications
KW  - Total Factor Productivity
KW  - Trade
KW  - Trade Barriers
KW  - Trade Liberalization
KW  - Trade Policy
KW  - Transport
KW  - Unemployment
KW  - Vehicles
KW  - Wages
KW  - World Trade Organization
N2  - As a small and open economy, Belarus' development perspectives are intrinsically linked to its ability to produce and sell goods and services competitively in the global marketplace. While Belarus is an open economy, its trade links are concentrated both in terms of products and markets. Mineral goods -most importantly refined oil and potassium chloride - are the main export product accounting for more than 1/3 of total exports. Non mineral exports, including most importantly machinery, vehicles and transport equipment are mostly exported to Russia and other CIS markets, which account for 74 percent of non-mineral exports while the share of EU countries in Belarus non-mineral exports account for less than 15 percent. With Russia's WTO accession in 2012 competitive pressures on Belarus' major market for non-mineral exports have further intensified. As Belarus is accelerating its own negotiations with the WTO, understanding the challenges and opportunities faced by the country's exporters is critical to putting in place an effective adaptation strategy that will enhance competitiveness and ensure Belarus can take full advantage of more open market access. The objective of this note is to analyze the economic impacts of Belarus' potential accession to the WTO. The note utilizes a modern computable general equilibrium model of the economy of Belarus to simulate impacts on the economy as a whole and on individual sectors
UR  - http://elibrary.worldbank.org/doi/book/10.1596/24698
ER  -