Market Status of Russian Economy: Some Aspects of Theory and Practice

Alexander A. Pakhomov – Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences (Moscow, Russia). E-mail: р This email address is being protected from spambots. You need JavaScript enabled to view it.

Since 2018, a group of developed and developing countries was preparing a set of new rules for consideration at the WTO to limit state subsidies and specify criteria for a “market economy”. The implementation of these potential rules would allow the application of discriminatory restrictions in international trade against countries with «non-market economies». This would also affect activities of state-owned companies and enterprises with state participation, which would create substantial risks for Russia.

The article was written based on the RANEPA state assignment research programme.

Key words: market economy status, WTO, subsidies, countervailing duties, anti-dumping investigations.

JEL-codes: E65, F13, F53.