Accession to the WTO Will Force the Industry of Russia to Create Vertically-Integrated Formations

Abstract: The modern Russian economy is going through a complicated period of its existence; it is ineffective, poorly innovational, raw-material oriented and, which is the main point, non-competitive. All this is going on in the face of all the conditions, necessary for successful development. The situation is worsened by Russia's entering the World Trade Organization. One of the directions of overcoming the teething collapse is creating vertically-integrated formations on the base of technocratic approach. The forms of innovational formation can vary from holdings to clusters. But in the conditions of Russia they all have specific peculiarities, which must be taken into account at substantiating their creation. Key words: World trade organization Vertically-integrated formation Competitiveness Efficiency State Economical interests INTRODUCTION in 90s was characterized by dissociation process, which The modern stage of development of Russia is in destroying the old outdated system and forming the marked by a number of peculiarities. First of all, we must basis for new reformations. The subsequent events- world point out its low-efficient, low-competetive economy [1]. economic crisis, intensification of globalization process It is still raw materials oriented and, except for several demonstrated once more the inefficiency of the existin