Delivered at:: Department of Trade Policy (Institute of Trade Policy)

Course type:: Elective course

When:: 4 year, 2, 3 module

Instructors

Aleshin, Dmitry

Isachenko, Tatyana M.

Portanskiy, Alexey

Full Syllabus Ask Question

Abstract

The emergence of a new regulatory environment (global – regional – national), including Russia's membership in the WTO, has a direct impact on the international competitiveness of Russian business: new opportunities open up for some industries, and threats arise for others. It should be recognized that employees of state institutions responsible or involved in decision-making in the field of regulation of foreign economic activity do not have the necessary level of advanced theoretical knowledge, practical skills, knowledge of the "best world experience".

Learning Objectives

Studies the impact of the evolution of trade policy instruments (including foreign economic policy in General) on long-term trends in various sectors of international trade and international competition conditions.
Develops practical skills of development and decision-making in this area both at the level of the state and business.

Expected Learning Outcomes

Describes mechanisms of international payments regulation which impact trade development.
Describes the current trends and problems in the use of TBT and SPS measures.
Describes the main directions of development of export subsidies and support.
Describes the main types of sanctions.
Describes the problems of emergence and prevention of barriers and effects of disintegration of international trade in the development of regional cooperation.
Describes the relationship between the application of sanctions and the rules of the WTO multilateral system.
Describes the role of governmental commercial enterprises in ensuring the interests of national business.
Describes the theoretical foundations and tools for analyzing the impact of the exchange rate on trade development and competitiveness.
Evaluates the effectiveness and economic impact of sanctions.
Evaluates the ratio of regionalism and multilateralism in terms of long-term prospects for international trade.
Finds information on trade data bases.
Highlights the main features of the development of the international legal framework in this area.
Illusrtates the interrelation of problems of currency dumping and WTO and IMF rules.
Illustrates the current trends in the development of international investment regulation.
Illustrates the opportunities and practice of using public procurement as a means of supporting national business within the WTO rules.
Illustrates the practice of using currency dumping.
Illustrates the relationship between trade and environmental regulation.
Illustrates the role of company standards in shaping market access conditions.
Reviews environmental issues in the WTO and other institutions.
Reviews international legal framework in the regulation of governmental commercial enterprises.
Reviews investment issues in the WTO.
Reviews the history and practice of using political sanctions in the sphere of trade.
Reviews the interests of the Russian Federation in the use of marine biological resources.
Reviews the international legal framework regarding the sanctions policy.
Reviews the legal framework in the field of marine biological resources, multilateral agreements in this area.
Reviews the legal framework of the WTO in the field of subsidies and export support.
Reviews the main trends and directions of export support and subsidies practice.
Reviews the practice of regulation of public procurement in different groups of countries.
Reviews the problems of Russia's participation in the WTO agreement on public procurement.
Reviews the prospects for change in the WTO rules in the area of subsidies in fisheries.
Works with trade data bases.

Course Contents

The standards of enterprises as a main instrument of protectionism and other measures of TBT and SPS.
Subsidies and export support as a tools of modern protectionism.
The opportunities for protectionism in case of creating RTA.
Investment regimes and protectionism. The attempts and the problems of multilateral investment regulation.
The review of data bases on trade barriers and non-tariff measures.
The regulating instruments of marine biodiversity, multilateral agreements in this sphere.
State trading enterprises in the system of modern protectionism.
Environmental protectionism.
Government procurement as an instrument of protectionism and the support of the national business.
Trade sanctions policy as an instrument of impact on international trade.
Currency dumping and instruments of the exchange rate and the balance of payments regulation.
International payments regulation as an instrument of impact on trade.

Assessment Elements

Test in LMS
Oral exam

Interim Assessment

2024/2025 3rd module
0.5 * Oral exam + 0.5 * Test in LMS

Bibliography

Recommended Core Bibliography

Sheldon, I. M., Chow, D. C. K., & McGuire, W. (2018). Trade Liberalization and Constraints on Moves to Protectionism: Multilateralism vs. Regionalism. American Journal of Agricultural Economics, 100(5), 1375–1390. https://doi.org/10.1093/ajae/aay060
Глобальное экономическое регулирование : учебник для вузов, Зуев, В. Н., 2009
Международные экономические организации : регулирование мирохозяйственных связей и предпринимательской деятельности, Герчикова, И. Н., 2001
Ханин, М. С. Структурная перестройка в мировой экономике и протекционизм [Электронный ресурс] : Учеб. пос. / М. С. Ханин. - М. : МГАВТ, 2012. - 34 с. - Режим доступа: http://znanium.com/

Recommended Additional Bibliography

The collapse of global trade, murky protectionism, and the crisis : recommendations for the G20 / ed. by Richard Baldwin ... Centre for Economic Policy Research. (2009). London. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.389874094

Authors

ISACHENKO Tatiana Mikhailovna
PORTANSKIY ALEKSEY PAVLOVICH

Bachelor’s Programme 'World Economy'

Contemporary Forms of Protectionism