Multilateral organizations and forums in development of international economic relations

Pages: 46-52

Author:

Sabelnikov L.V.

Doctor of Economics, Professor, Honored Scientist of Russia Place of work, post: All-Rusian Market Resaerch Institute, Head of Department of International Trade and multilateral economic cooperation, Center for Basic Research Russian Academy of Foreign Trade, Chief Researcher

Abstract:

The article is about the enhancement of Russia’s participation in multilateral organizations and forums during the last two decades. The author analyses the benefits and costs that result from the participation, including the forthcoming joining the WTO and the OECD. The necessity to raise
the effectiveness of the participation, which would allow strengthening the country’s position in the global economy, is stressed. Although it would imply greater expenditure in foreign currency. The author expresses some ideas about the methods of increasing the effectiveness of the participationand proposes to insert the special section - «Optimization of Russian membership in multilateral organizations and forums» into national programs of the development of international economic relations.

Keywords:

Russia, multilateral organizations and forums, the WTO, the OECD.