A Wider Europe: Trade Relations between an Enlarged EU and the Russian Federation

Author(s): 
Publication Date: 
01 January 2007
Publisher: 
Routledge
Publication Place: 
London
Publication Language: 
EN
Appearing in: 
Problems of Economic Transition
Volume: 
49
Issue: 
2
Pages: 
6-33
DOI: 
10.2753/PET1061-1991490201
Abstract: 

This article studies the joint effects of the 2004 European Union (EU) Enlargement and Russia's entry into the World Trade Organization (WTO), and the effects of an eventual Russia-enlarged EU free trade agreement (FTA). The model is described, the effects of the 2004 EU enlargement are estimated, the effects of Russia's WTO accession and of various Russia-EU FTAs are simulated based on the benchmark of an enlarged EU, and conclusions are presented.