Citation

Discussion Paper Details

Please find the details for DP1182 in an easy to copy and paste format below:

Full Details

Title: Trade Performance and Trade Policy in Central and Eastern Europe

Author(s): Zdenek Dr�bek and Alasdair Smith

Publication Date: May 1995

Keyword(s): Central and Eastern Europe, Economic Reform, European Integration, Foreign Direct Investment and Trade Liberalization

Programme Area(s): International Trade and Regional Economics

Abstract: The radical liberalization of foreign trade in Central and Eastern Europe since 1989 has been a key part of the economic reform and has been accompanied by a full-scale geographical reorientation of international trade from East to West. Increased trade with the EU has been associated with remarkably little change in the structure of that trade, which suggests that policy should be oriented towards facilitating rather than slowing industrial adjustment. Future trade policy priorities should include continued liberalization, better coordination of trade and exchange rate policy, the attraction of foreign direct investment, resistance to pressures for selective protection, further development of trade relations with the EU and of intra-regional trade relations, and full participation in the WTO.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1182

Bibliographic Reference

Dr�bek, Z and Smith, A. 1995. 'Trade Performance and Trade Policy in Central and Eastern Europe'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1182