The Baltic Region

2011 Issue №2(8)

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The openness of the Russian economy: tendencies and international comparison

DOI
10.5922/2079-8555-2011-2-4
Pages
35-42

Abstract

This paper assesses the level of openness of the Russian economy. It demonstrates that the openness indicators used in the Concept of Long-term Social and Economic Development of the Russian Federation differ from those employed by international organisations. The paper examines the intensity of Russian trade in terms of its gross domestic product and the relatively high barriers in relation to import penetration in Russia. Methodological differences determine the differences in the analysis results.

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