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Item Details
| Title:
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ENHANCING REGIONAL TRADE INTEGRATION IN SOUTHEAST EUROPE
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| By: |
Borko Handjiski, Robert Lucas, Philip Martin |
| Format: |
Paperback |
| List price:
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£21.95 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0821382594 |
| ISBN 13: |
9780821382592 |
| Publisher: |
WORLD BANK PUBLICATIONS |
| Pub. date: |
1 January, 2010 |
| Series: |
World Bank Working Paper 185 |
| Pages: |
96 |
| Description: |
Assesses the impact of the CEFTA multilateral free trade agreement on trade in Southeast Europe, and assesses the benefits of two complementary policies: introducing labour mobility in the region, and adopting the Common External Tariff structure of the European Union. |
| Synopsis: |
The Southeast Europe (SEE) region comprises a group of countries with a common objective, and prospect, to become members of the European Union (EU). To achieve the goal of EU membership, these countries have pursued closer integration with the EU as well as with each other. In December 2006, the SEE countries, and Moldova, signed the Central European Free Trade Agreement (CEFTA), a comprehensive free trade agreement that aims to fully liberalize trade in the region as well as to achieve greater cooperation in a number of trade-related areas. This book is part of the World Bank s efforts to understand the impact of CEFTA on regional trade flows, as well as to put forward other, complementary, ideas that could enhance further regional trade integration. The first study looks at intra-regional trade flows and the remaining non-tariff barriers to trade in the region. The second study assesses the costs and benefits of allow free movement of skilled labor within the region, and the last study looks at how adopting the EU s Common External Tariff could prevent trade diversion.Intra-regional trade has increased rapidly in recent years, however, the content of trade flows do not signal significant trade integration, similar to what the countries of Central and Eastern Europe achieved in the past decade. Following the tariff liberalization, non-tariff barriers have become the main obstacles for trade. Enhanced regional trade integration should not be confined only to free movement of goods. Increased labor mobility could also have trade creation effects and help create a more integrated regional market. Finally, tariff structures in many countries of the region allow some scope for trade diversion in favor of EU and CEFTA countries at the expense of the rest of the world. Such trade diversion could be reduced by adopting EU s Common External Tariff structure. |
| Illustrations: |
1, black & white illustrations |
| Publication: |
US |
| Imprint: |
World Bank Publications |
| Returns: |
Non-returnable |
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