Citation

Discussion Paper Details

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Title: Who Should Run Trade Policy in Eastern Europe and How?

Author(s): L. Alan Winters

Publication Date: October 1994

Keyword(s): Central and Eastern Europe, Institutions, Political Economy and Trade Policy

Programme Area(s): International Trade and Regional Economics

Abstract: This paper discusses the design of appropriate institutions for trade policy-making in Central and Eastern Europe. Drawing on US and EU experience it argues that legislatures should set the broad parameters, leaving commodity-specific detail to the executives. Sectoral Ministries, e.g. of Agriculture, Energy or Industry, should not control trade policy, a task which should fall to a special Ministry with close links to the Treasury and Ministry of Foreign Affairs. It should be clear precisely who is responsible for trade policy and the public should be informed both of their general interest in trade policy and of the costs and benefits of any particular action.

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Bibliographic Reference

Winters, L. 1994. 'Who Should Run Trade Policy in Eastern Europe and How?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1043