Publication:
A State Trading Enterprise for Grains in Russia? Issues and Options

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-07-17T23:08:08Z
dc.date.available2014-07-17T23:08:08Z
dc.date.issued2009-10
dc.description.abstractThe impact of state trading enterprises (STEs) on domestic and international grain markets has been studied extensively over the years, generating a considerable body of theoretical and empirical evidence. The aim of this note is to draw on this body of evidence to analyze possible options for Russia's future state involvement in grain trade. The note covers the following three parts: i) outline of the potential economic impacts of STEs in grain trade from an economic perspective; ii) review of some of the global experience with STEs that are involved in grain exports; and iii) evaluation of options for state involvement in grain trade in Russia. The coverage in this note is limited to grains and to the impacts of STEs in countries that are net exporters of grain. Of the major grains, the note focuses on wheat which is by far the most important Russian export grain. Importing STEs are much more numerous than exporting STEs worldwide. However, unlike Ukraine, which has jumped between net export and net import situations for wheat as recently as 2003/04, it appears that Russia has become a consistent exporter since the beginning of this decade, even in years with relatively poor crop conditions. The note is further limited to the analysis of STEs and not grain market regulation in general (i.e. market and price support, income support for grain producers). However, as is discussed, such regulation can be used to help an STE pursue certain objectives by enhancing its market power, and STEs are generally implemented as part of an overall grain market regulation strategy.en
dc.identifierhttp://documents.worldbank.org/curated/en/2009/10/11742343/state-trading-enterprise-grains-russia-issues-options
dc.identifier.doi10.1596/18899
dc.identifier.urihttps://hdl.handle.net/10986/18899
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGENCY PROBLEMS
dc.subjectAGRICULTURAL EXPORTS
dc.subjectAGRICULTURE
dc.subjectANIMAL FEED
dc.subjectARBITRAGE
dc.subjectASSET VALUE
dc.subjectASSETS
dc.subjectAVERAGE COSTS
dc.subjectAVERAGE PRICE
dc.subjectBARLEY
dc.subjectBUDGETARY SUPPORT
dc.subjectCARTEL
dc.subjectCEREAL PRICES
dc.subjectCEREALS
dc.subjectCIVIL CODE
dc.subjectCLIMATIC CONDITIONS
dc.subjectCOARSE GRAINS
dc.subjectCOLLUSION
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICES
dc.subjectCONSUMERS
dc.subjectCONTESTABLE MARKET
dc.subjectCOOPERATIVES
dc.subjectCORN
dc.subjectCOST STRUCTURES
dc.subjectCREDIT RATING
dc.subjectCROP
dc.subjectCROPS
dc.subjectCURRENCY
dc.subjectCUSTOMER SERVICE
dc.subjectDEMAND CURVE
dc.subjectDIVERSIFIED MARKET
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDOMESTIC PRICES
dc.subjectDURUM WHEAT
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIES OF SCALE
dc.subjectEQUAL SHARES
dc.subjectEXCESS SUPPLY
dc.subjectEXCHANGE RATE
dc.subjectEXCLUSIVE RIGHTS
dc.subjectEXCLUSIVE RIGHTS TO SELL
dc.subjectEXPORT CREDIT
dc.subjectEXPORT CREDITS
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETING
dc.subjectEXPORT MARKETS
dc.subjectEXPORTS
dc.subjectFAO
dc.subjectFARM
dc.subjectFARMER
dc.subjectFARMERS
dc.subjectFARMS
dc.subjectFEDERAL AGENCY
dc.subjectFERTILIZER
dc.subjectFIXED COSTS
dc.subjectFLOUR
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectFOOD SAFETY
dc.subjectFOOD SECURITY
dc.subjectFORECASTS
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN MARKETS
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectFUTURE GROWTH
dc.subjectFUTURES
dc.subjectGLOBAL MARKET
dc.subjectGLOBAL MARKETS
dc.subjectGRAIN
dc.subjectGRAIN HANDLING
dc.subjectGRAIN INDUSTRY
dc.subjectGRAIN PRICES
dc.subjectGRAIN PRODUCTION
dc.subjectGRAIN QUALITY
dc.subjectGRAIN STORAGE
dc.subjectGRAIN TRADE
dc.subjectGRAIN TRANSPORTATION
dc.subjectGRAIN YIELDS
dc.subjectGRAINS
dc.subjectHARVESTS
dc.subjectINCOME
dc.subjectINDIVIDUAL FIRMS
dc.subjectINFLATION
dc.subjectINNOVATION
dc.subjectINPUT PRICES
dc.subjectINSURANCE
dc.subjectINTERNATIONAL COMPETITIVENESS
dc.subjectINTERNATIONAL MARKETS
dc.subjectMALT
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL REVENUE
dc.subjectMARKET ACCESS
dc.subjectMARKET ANALYSIS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET LIBERALIZATION
dc.subjectMARKET PARTICIPANT
dc.subjectMARKET POWER
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMARKET REGULATION
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKET STRUCTURE
dc.subjectMARKET STRUCTURES
dc.subjectMARKETING
dc.subjectMARKETING BOARDS
dc.subjectMEAT
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectMONOPOLY PRICES
dc.subjectMONOPOLY RENTS
dc.subjectNICHE MARKETS
dc.subjectOATS
dc.subjectOLIGOPOLY
dc.subjectOUTPUT
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPERFECT COMPETITION
dc.subjectPOPULATION GROWTH
dc.subjectPOULTRY
dc.subjectPREMIUM PRICES
dc.subjectPRICE CONTROLS
dc.subjectPRICE DISCRIMINATION
dc.subjectPRICE FLUCTUATIONS
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE INFLATION
dc.subjectPRICE PREMIUM
dc.subjectPRICE SPREADS
dc.subjectPRICE STABILIZATION
dc.subjectPRICE SUPPORT
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATIZATION
dc.subjectPRODUCE
dc.subjectPRODUCER INCENTIVES
dc.subjectPRODUCER PRICE
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPROFIT MAXIMIZATION
dc.subjectPROFIT MAXIMIZING
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC GOOD
dc.subjectPURCHASING
dc.subjectPURE PROFIT
dc.subjectRENT SEEKING
dc.subjectRENT SEEKING BEHAVIOR
dc.subjectREPUTATION
dc.subjectRISK MANAGEMENT
dc.subjectRISK REDUCTION
dc.subjectSALE
dc.subjectSALES
dc.subjectSAVINGS
dc.subjectSCANDAL
dc.subjectSECURITY INTERESTS
dc.subjectSEEDS
dc.subjectSHAREHOLDERS
dc.subjectSOFT BUDGET CONSTRAINTS
dc.subjectSTATE ENTERPRISE
dc.subjectSTOCKS
dc.subjectSUBSTITUTION
dc.subjectSUPPLIER
dc.subjectSUPPLIERS
dc.subjectSUPPLY CHAIN
dc.subjectSUPPLY CURVE
dc.subjectSURPLUS
dc.subjectSURPLUSES
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTAX
dc.subjectTAXATION
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRADING SYSTEM
dc.subjectVOLATILITY
dc.subjectWHEAT
dc.subjectWHEAT INDUSTRY
dc.subjectWHEAT PRICES
dc.subjectWHEAT TRADE
dc.subjectWHEAT VARIETIES
dc.subjectWORLD MARKET
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleA State Trading Enterprise for Grains in Russia? Issues and Optionsen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T11:22:34.888306Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2009/10/11742343/state-trading-enterprise-grains-russia-issues-options
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeAgriculture
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid305821468092951763
okr.guid889101468092079059
okr.identifier.externaldocumentum000333038_20100203230222
okr.identifier.internaldocumentum11742343
okr.identifier.report45925
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/02/03/000333038_20100203230222/Rendered/PDF/459250ESW0Whit110Final0for0printing.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.sectorIndustry and trade :: Agricultural marketing and trade
okr.themeRural development :: Rural markets
okr.themeTrade and integration :: Other trade and integration
okr.themePublic sector governance :: Other public sector governance
okr.topicInternational Economics and Trade::Access to Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.topicCrops and Crop Management Systems
okr.topicPrivate Sector Development::Emerging Markets
okr.topicAgriculture
okr.unitSustainable Devmt Sector Unit (ECSSD)
okr.volume1 of 1
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