Trade liberation strategies: what Could Southeastern Europe Learn from the CEFTA and BFTA?

dc.contributor.authorAdam, A.en
dc.contributor.authorKosma, Th.en
dc.contributor.authorMcHugh, J.en
dc.date.accessioned2015-11-24T17:04:38Z
dc.date.available2015-11-24T17:04:38Z
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11207
dc.rightsDefault Licence-
dc.subjectTrade liberalization, gravity models, stability pact, CEFTA, BFTAen
dc.titleTrade liberation strategies: what Could Southeastern Europe Learn from the CEFTA and BFTA?en
heal.abstractThis 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.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.journalNameIMF Working paperen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2003-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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