privatization will increase welfare by 35.4 percent. We find substantial variance in the estimated gains from privatization … depending on model assumptions; but all the estimates of the impacts of privatization indicate substantial welfare gains …

productivity by sector and type of ownership, in our central model we estimate that privatization will increase welfare by 35 ….4 percent. We find substantial variance in the estimated gains from privatization depending on model assumptions; but all the … estimates of the impacts of privatization indicate substantial welfare gains …

After 18 years of negotiations, Russia has joined the World Trade Organization. This paper assesses how the tariff … average “bound” tariff rate of Russia under its World Trade Organization commitments will be 8.6 percent, that is, 0 ….7 percentage points higher than the applied tariffs. Russia's commitments represent significant tariff liberalization, but compared …