Trade liberation strategies: what Could Southeastern Europe Learn from the CEFTA and BFTA?
dc.contributor.author | Adam, A. | en |
dc.contributor.author | Kosma, Th. | en |
dc.contributor.author | McHugh, J. | en |
dc.date.accessioned | 2015-11-24T17:04:38Z | |
dc.date.available | 2015-11-24T17:04:38Z | |
dc.identifier.uri | https://olympias.lib.uoi.gr/jspui/handle/123456789/11207 | |
dc.rights | Default Licence | - |
dc.subject | Trade liberalization, gravity models, stability pact, CEFTA, BFTA | en |
dc.title | Trade liberation strategies: what Could Southeastern Europe Learn from the CEFTA and BFTA? | en |
heal.abstract | 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. | en |
heal.access | campus | - |
heal.fullTextAvailability | TRUE | - |
heal.journalName | IMF Working paper | en |
heal.journalType | peer reviewed | - |
heal.language | en | - |
heal.publicationDate | 2003 | - |
heal.recordProvider | Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών | el |
heal.type | journalArticle | - |
heal.type.el | Άρθρο Περιοδικού | el |
heal.type.en | Journal article | en |
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