EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Integration of Eastern Europe Into the World Trading System

Download or read book Integration of Eastern Europe Into the World Trading System written by Ms.Helen B. Junz and published by International Monetary Fund. This book was released on 1991-03-01 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sheer size of mandated trade among members of the Council for Mutual Economic Assistance (CMEA), and its composition and quality, means that its reorientation toward other markets entails a whole complex of structural adjustment policies. To be successful, policy reform must be comprehensive, with clarity of purpose and predictability of action. Nevertheless, while gradualism should not be used as an excuse for delay, reforms must be harmonized with the timetable of requisite institutional change. In any case, reform must be accompanied by trade liberalization to help break down domestic monopolies and to gain the efficiencies from division of labor.

Book Integrating Eastern Europe into the Global Economy

Download or read book Integrating Eastern Europe into the Global Economy written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed as a modest contribution to the ongoing deliberations about how to ease the fairly tight constraints on the external payments of many countries of the eastern part of Europe. In the fIrst instance, this inquiry is addressed to those that have embarked on wide-ranging systemwide reforms. External constraints have been markedly hampering the introduction of market oriented economic mutations, thereby raising the cost of transition far above levels expected at the outset of the present wave of uniquely restructuring the countries involved. I explore here several angles of this discussion. But three stand out. One is the disintegration of the postwar framework for economic cooperation in that part of the world. Another is the disarray brought about by incisive economic transformations in the area. Finally, various national, regional, and international interest groups are at work there, hoping to mold somehow the drift of the reform, or at least key components thereof, in their own "image. " In the process it is often forgotten, as Ralf Dahrendorf (1990, p. 41) so pointedly remarked that "[ a]ll systems mean serfdom, including the . natural' system of a total . market order' in which no one tries to do anything other than guard certain rules of the game discovered by a mysterious sect of economic advisers.

Book Integration of Eastern Europe into the World Trading System

Download or read book Integration of Eastern Europe into the World Trading System written by H.B. Junz and published by . This book was released on 2006 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sheer size of mandated trade among members of the Council for Mutual Economic Assistance (CMEA), and its composition and quality, means that its reorientation toward other markets entails a whole complex of structural adjustment policies. To be successful, policy reform must be comprehensive, with clarity of purpose and predictability of action. Nevertheless, while gradualism should not be used as an excuse for delay, reforms must be harmonized with the timetable of requisite institutional change. In any case, reform must be accompanied by trade liberalization to help break down domestic monopolies and to gain the efficiencies from division of labor.

Book Economic Liberalization and Integration Policy

Download or read book Economic Liberalization and Integration Policy written by Harry G. Broadman and published by Springer Science & Business Media. This book was released on 2006-02-23 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the 1998 Russian economic crisis, there are new opportunities for sustained growth in many countries of the former Soviet Union. Against this backdrop, the authors of this book analyze the dynamics of macroeconomic and structural developments in Eastern Europe and Russia, with special attention paid to problems of international and national integration, "Dutch disease" and natural resource dependency, and distortions in institutional reforms. The analysis also sheds light on how these problems have implications for cooperation among OECD-countries. A critical focus is on institutional adjustment and learning, human capital formation, trade and foreign investment. The political economy challenges of stability and growth in the region are highlighted. New empirical findings and comparative policy analysis - including in the field of natural resource policy - are major elements in this publication.

Book The New Eastern Europe And The World Economy

Download or read book The New Eastern Europe And The World Economy written by Jozef M. Van Brabant and published by Routledge. This book was released on 2019-08-21 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unprecedented economic, political, and social changes that have followed the east European revolutions of late 1989 rank among the epochal events of the twentieth century. The end of the cold war has opened up far-reaching possibilities for international economic cooperation, which may be able to stimulate economic growth in the region and revive interactions with the global economy. This collection of essays comes to grips with the problems of repositioning the new Eastern economies in the global arena. The contributors address four main themes: freeing up foreign economic sectors through trade liberalization, currency convertibility, and greater access to markets for international capital; the disintegration of the trade payment, pricing, and settlements systems based on the transferable ruble; active participation in the key organizations entrusted with international financial, monetary, and trading regimes; and strategies for using international economic assistance to alleviate adjustment costs with ongoing transition policies

Book Transition in Eastern Europe

Download or read book Transition in Eastern Europe written by Herbert Wilkens and published by Duncker & Humblot. This book was released on 2016 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains a selection of papers presented at a conference discussing fundamental issues in the economics of transition, aspects of liberalization/privatization/stabilization and the experience of selected countries. The sessions lead to a number of hypotheses:- There is a need to analyze historical and economic aspects of phases of relative success of the socialist system of central planning- Next to the important role of distribution of personal incomes and wealth for the success of the transformation process, the question of "optimal change of personal income and wealth distribution" during the process of transformation has to be raised.- In assessing the costs and benefits of reform policies, any methodological approach should take into account an intertemporal perspective- How much does the EU continue protectionism against countries which will not become its members in the near future?- The role of the institutional environment shall not be neglected when analyzing the process of transition: financial markets e. g. are of great relevance for sound development.- An early status of independence for the central bank from public finance obligations appears to help to eliminate the monetary overhang.- A quick, almost instant liberalization strategy (countries of Central and Eastern Europe) seems to be more successful than gradual liberalization (Russia, Ukraine, Belarus) along with interventionism of trade policy.

Book Trade Liberalization Strategies

Download or read book Trade Liberalization Strategies written by Mr.Theodora Kosma and published by International Monetary Fund. This book was released on 2003-12-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the Baltic Free Trade Area (BFTA). Estimates from a gravity model and bilateral trade data support the view that both CEFTA and BFTA helped expand regional trade and limit the emergence of a "hub-and-spoke" relationship between the CEECs and the European Union (EU). These empirical conclusions carry some important policy implications for the "second wave" of prospective EU members among Southeastern European Countries (SEECs). The paper argues that the SEECs should reconsider their bilateral approach to trade liberalization and move towards a multilateral free-trade area as exemplified by both the CEFTA and BFTA.

Book The Integration Process Between Eastern and Western Europe

Download or read book The Integration Process Between Eastern and Western Europe written by Daniel Piazolo and published by Kieler Studien - Kiel Studies. This book was released on 2001-08-22 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of the Central and Eastern European transition countries into the European Union is one of the most exciting economic policy issues of today. The book provides a detailed analysis of the economic effects which EU integration has on accession countries. It shows that these countries have already managed to fully remove the anti-trade bias with the EU that existed before the fall of the iron curtain. Benefits from further integration into the EU could result in particular from the fact that full membership in the European Community will increase the credibility of government policy in accession countries. The study explores in depth how these credibility effects can be quantified. The author develops a novel approach to model the transformation process within a dynamic computable general equilibrium framework. Furthermore, he estimates the potential income and welfare effects of EU integration for Poland, the largest transition country with EU candidate status.

Book The Second Transition

    Book Details:
  • Author : European Commission. Directorate-General for Economic and Financial Affairs
  • Publisher :
  • Release : 2009
  • ISBN : 9789279111778
  • Pages : 32 pages

Download or read book The Second Transition written by European Commission. Directorate-General for Economic and Financial Affairs and published by . This book was released on 2009 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper studies the global trade and financial market integration of the countries in Eastern Europe. The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second transition, this paper reaches three conclusions. First, by several metrics, East European and East Asian growth performances were about on par from the mid-1990s; both regions far surpassed Latin American growth. Second, the mechanisms of growth in East Europe and East Asia were, however, very different. East Europe relied on a distinctive--often discredited--model, embracing financial integration with structural change to compensate for appreciating real exchange rates. In contrast, East Asia contained further financial integration and maintained steady or depreciating real exchange rates. Third, the ongoing financial turbulence has, thus far, not had an obviously differential impact on emerging market regions: rather, the hot spots in each region reflect individual country vulnerabilities. If the East European growth model is distinctive, is it sustainable and replicable? The paper speculates on the possibilities."--Document home p.

Book Trade Liberalization

    Book Details:
  • Author : Romain Wacziarg
  • Publisher : Edward Elgar Publishing
  • Release : 2018
  • ISBN : 9781788111492
  • Pages : 0 pages

Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.

Book Trade  Development and Structural Change

Download or read book Trade Development and Structural Change written by Anca M. Voicu and published by Palgrave Macmillan. This book was released on 2019-10-11 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of trade and trade patterns in Central and Eastern European countries (CEEC) and assesses the implications of these patterns on structural change and economic development within transition economies. Taking the fall of the Iron Curtain in 1989 as a starting point, the authors discuss the transition of former communist CEE countries from centrally planned to market-driven economies, arguing that trade was the primary engine for the economic growth and transition process they experienced. The chapters in this book incorporate the results of previous studies – some of which are based on original research conducted by the authors – dedicated to the integration process of international and European trade. More importantly, the authors look at the broader aspects of structural change and economic development, indeed the whole process of economic transformation. Thus, the book moves well beyond the core ‘trade and growth’ framework to look at technological progress, foreign investment, institutional development and structural change in Central and Eastern European countries.

Book European Integration and Trade Liberalization

Download or read book European Integration and Trade Liberalization written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economic Opening of Eastern Europe

Download or read book The Economic Opening of Eastern Europe written by John Williamson and published by . This book was released on 1991 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis comprises the final chapter of Currency Convertibility in Eastern Europe by John Williamson. That chapter rounded off and summed up a critique of how currency convertibility has worked in Eastern Europe and how it may work in the future.