National Interests: Priorities and Security

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National Interests: Priorities and Security

1(34) - 2009 January

Prospects of Economical Growth in Russia Due to WTO Membership

Vol. 5, Iss. 1, JANUARY 2009

Available online: 23 September 2009

Subject Heading: Economy progress strategy

JEL Classification:

Trunin S.N. Doctor of Economics, Professor, Head of Department of Labour Economy and Management, and HR; Kuban State University

Martynenko P.G. Candidate of Economics, Associate Professor, Head of Department of Economical Theory, Economics and Management; Institute of Economics, Law and Arts (Krasnodar)

Ryndina I.V. professor of Economical Analysis, Statistics and Finance Department; Kuban State University
8 (861) 215-28-56

International economic associations (IMF, GATT/WTO, international and regional banks) play huge role in globalisation. Main decisions in such bodies are known to be made not on equal rights basis, but proportionally to either economic power, or members' contribution to the given fund. No wonder, these associations gradually transform into a tool of economic pressure used by the most progressive countries to suppress the others... In 21 century, Russian economy and foreign trade growth is likely to be significantly influenced by the level of the country's adaptation to the deep radical changes in the global economy.

Keywords: globalisation, economy, regional, bank, trade, management

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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