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The Integration Of Transition Economies Into The World Trading System
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Book Synopsis The Integration of Transition Economies Into the World Trading System by : Constantine Michalopoulos
Download or read book The Integration of Transition Economies Into the World Trading System written by Constantine Michalopoulos and published by World Bank Publications. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition economies are at different stages of integration into the world trading system. Most remaining reforms and adjustments must be initiated by the countries themselves. But the United States and the European Union can help by reviewing their policies toward "nonmarket" economies.
Book Synopsis The Integration of Transition Economies into the World Trading System by : Michalopoulos
Download or read book The Integration of Transition Economies into the World Trading System written by Michalopoulos and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Perspectives on Trade Integration and Economies in Transition by : Erokhin, Vasily
Download or read book Global Perspectives on Trade Integration and Economies in Transition written by Erokhin, Vasily and published by IGI Global. This book was released on 2016-06-16 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of globalization, foreign trade has an immense impact upon modern economies. To succeed in the global marketplace, sustainable development in trade practices is an imperative goal for countries to reach. Global Perspectives on Trade Integration and Economies in Transition is an authoritative reference source for the latest research on the dynamics of transitional economies and how certain obstacles can disrupt the effectiveness of the transition process. Highlighting the value of trade incorporation at the national and international levels, this book is ideally designed for researchers, professionals, government officials, policy makers, and upper-level students interested in the intersection of globalization, trade, and international economics.
Book Synopsis International Business Environment: About the Merits of Globalisation, the Role of WTO in World Trade, Emerging and Transition Economies (China and Eastern Europe) and Trade Liberalisation by : Miriam Mennen
Download or read book International Business Environment: About the Merits of Globalisation, the Role of WTO in World Trade, Emerging and Transition Economies (China and Eastern Europe) and Trade Liberalisation written by Miriam Mennen and published by GRIN Verlag. This book was released on 2010-03 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2006 in the subject Business economics - Economic Policy, grade: 64 % - B, University of Sunderland, language: English, abstract: Following questions will be answered: Analyse the merits of globalisation in terms of their benefits to countries? It is said that 'Trade Liberalisation is generally supported by governments', but many barriers still exist. Discuss why this is the case? In context of emerging economies (i.e. China) or transition economies (i.e. Eastern Europe), explain how they can benefit from foreign direct investment (FDI)? Critically evaluate the role of the WTO within world trade and international competition?
Book Synopsis Reforming Planned Economies in an Integrating World Economy by : Barry P. Bosworth
Download or read book Reforming Planned Economies in an Integrating World Economy written by Barry P. Bosworth and published by Brookings Institution Press. This book was released on 2000-07-26 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The still chaotic states of the former Soviet Union, a growing China, and the divergent nations of Eastern Europe are striving to radically transform their economies. In their quest to become more integrated with the global economy, they are making historic changes to move toward market-based, private-enterprise systems. In this book, Barry P. Bosworth and Gur Ofer provide a balanced assessment of the progress of integration among the formerly centrally planned economies. So far, the results of the reform process range from amazing success in China to economic and political disarray in the states of the former Soviet Union. The authors outline the key issues that any successful reform program must address and the sequence in which these reforms should take place. A volume of Brookings' Integrating National Economies Series
Book Synopsis A World Trading System for the Twenty-First Century by : Robert W. Staiger
Download or read book A World Trading System for the Twenty-First Century written by Robert W. Staiger and published by MIT Press. This book was released on 2022-12-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: When designing a world trading system for the twenty-first century, “Keep calm and carry on” beats “Move fast and break things.” Global trade is in trouble. Climate change, digital trade, offshoring, the rise of emerging markets led by China: Can the World Trade Organization (WTO), built for trade in the twentieth century, meet the challenges of the twenty-first? The answer is yes, Robert Staiger tells us, arguing that adapting the WTO to the changed economic environment would serve the world better than a radical reset. Governed by the WTO, on the principles of the General Agreement on Tariffs and Trade (GATT), global trade rules traditionally focus on “shallow integration”—with an emphasis on reducing tariffs and trade impediments at the border—rather than “deep integration,” or direct negotiations over behind-the-border measures. Staiger charts the economic environment that gave rise to the former approach, explains when and why it worked, and surveys the changing landscape for global trade. In his analysis, the terms-of-trade theory of trade agreements provides a compelling framework for understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the evolving global economic environment, A World Trading System for the Twenty-First Century shows us a global trading system in need of reform, and Staiger makes a persuasive case for using the architecture of the GATT/WTO as a basis for that reform.
Book Synopsis The Integration of Transition Economies Into the World Trading System by : Constantine Michalopoulos
Download or read book The Integration of Transition Economies Into the World Trading System written by Constantine Michalopoulos and published by World Bank Publications. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition economies are at different stages of integration into the world trading system. Most remaining reforms and adjustments must be initiated by the countries themselves. But the United States and the European Union can help by reviewing their policies toward "nonmarket" economies.
Book Synopsis Economic Development and Multilateral Trade Cooperation by : Bernard M. Hoekman
Download or read book Economic Development and Multilateral Trade Cooperation written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2005-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.
Book Synopsis Integrating Emerging Market Economies Into the International Trading System by : Centre for Co-operation with Economies in Transition
Download or read book Integrating Emerging Market Economies Into the International Trading System written by Centre for Co-operation with Economies in Transition and published by . This book was released on 1994 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Developing countries' Participation in the World Trade Organization by : Constantine Michalopoulos
Download or read book Developing countries' Participation in the World Trade Organization written by Constantine Michalopoulos and published by World Bank Publications. This book was released on 1998 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: March 1998 Many developing countries are not participating in the World Trade Organization as much as they should. What can be done about it? In the 1960s and 1970s developing countries viewed UNCTAD rather than the GATT as the main institution through which to promote their interests in international trade. But beginning with the Uruguay Round in the mid-1980s, their attitude changed, many more of them became members of the GATT, and a significant number played an active role in negotiations. Michalopoulos analyzes developing countries' representation and participation in the World Trade Organization (WTO) as of mid-1997 to determine how developing countries can effectively promote their interests and discharge their responsibilities under the rules and agreements of the new organization. He concludes that although many developing countries are actively participating in the new process, more than half of the developing countries that are members of the WTO participate little more than they did in the early 1980s and have not increased their staffing, despite the vastly greater complexity of issues and obligations. Institutional weaknesses at home are the main constraints to effective participation and representation of their interests at the WTO. To make their participation more effective, Michalopoulos recommends that the developing countries establish adequately staffed WTO missions based in Geneva; failing that, pooling their resources and representation in Geneva; and being sure to pay their dues, which are typically small. He recommends that the international community place higher priority on programs of assistance in support of institutional development of poorer countries aimed at enhancing their capacity to participate in the international trading system and the WTO-and that the WTO review its internal rules and procedures to ensure that inadvertently they do not make developing countries participation more difficult. This paper is part of a larger effort by the World Bank to collaborate with the World Trade Organization in developing approaches for the more effective integration of the developing countries in the international trading system. The author may be contacted at [email protected].
Book Synopsis Integration of Eastern Europe Into the World Trading System by : Ms.Helen B. Junz
Download or read book Integration of Eastern Europe Into the World Trading System written by Ms.Helen B. Junz and published by International Monetary Fund. This book was released on 1991-03 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sheer size of mandated trade among members of the Council for Mutual Economic Assistance (CMEA), and its composition and quality, means that its reorientation toward other markets entails a whole complex of structural adjustment policies. To be successful, policy reform must be comprehensive, with clarity of purpose and predictability of action. Nevertheless, while gradualism should not be used as an excuse for delay, reforms must be harmonized with the timetable of requisite institutional change. In any case, reform must be accompanied by trade liberalization to help break down domestic monopolies and to gain the efficiencies from division of labor.
Book Synopsis Regional Integration and the Global Trading System by : Kym Anderson
Download or read book Regional Integration and the Global Trading System written by Kym Anderson and published by . This book was released on 1993 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses questions surrounding the relationship between regional integration agreements and the global trading system. It has been revised following a conference at the GATT and forms part of the background material for a study in the GATT Secretariat's annual report, "International Trade".
Book Synopsis Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies by : Mario I. Blejer
Download or read book Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies written by Mario I. Blejer and published by Springer Science & Business Media. This book was released on 2007-08-23 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of studies dealing with the different issues related to the liberalization of external relations in economies moving from a socialist to a market-based system The focus is on external sector developments, and the topics deal with balance of payments conditions, exchange rate policies and regimes, international competitiveness, international capital flows, trade, and other matters related to the integration of transition economies into the world economy. An understanding of the principles involved and of the experiences of both transition and advanced economies during this process is crucial to ensure its ultimate success. Written by internationally recognized scholars, the chapters cover these issues in a systematic manner. The first section treats current account developments, capital flows, and exchange rate policies in transition countries, the second section deals with specific issues related to international trade, and the final section consists of six specific country experiences. In this final section, a chapter dealing with the Russian Federation discusses the collapse of the ruble in August 1998.
Book Synopsis World Development Report 2020 by : World Bank
Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Book Synopsis Foreign Trade in the Transition by : Bart?omiej Kami?ski
Download or read book Foreign Trade in the Transition written by Bart?omiej Kami?ski and published by World Bank Publications. This book was released on 1996-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 323. Presents a framework for evaluating the level and composition of public expenditures. The paper applies the framework to the analysis of intrasectoral allocations within key sectors, intersectoral allocations across sectors, and allocations for major cross-sectoral expenditure categories. It identifies the elements that should be an integral part of an ongoing exercise in analyzing the level and composition of public spending and highlights the importance of the institutional policy environment that determines these allocations and their outcomes.
Book Synopsis Trade, Development and Structural Change by : Anca M. Voicu
Download or read book Trade, Development and Structural Change written by Anca M. Voicu and published by Springer. This book was released on 2018-05-30 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of trade and trade patterns in Central and Eastern European countries (CEEC) and assesses the implications of these patterns on structural change and economic development within transition economies. Taking the fall of the Iron Curtain in 1989 as a starting point, the authors discuss the transition of former communist CEE countries from centrally planned to market-driven economies, arguing that trade was the primary engine for the economic growth and transition process they experienced. The chapters in this book incorporate the results of previous studies – some of which are based on original research conducted by the authors – dedicated to the integration process of international and European trade. More importantly, the authors look at the broader aspects of structural change and economic development, indeed the whole process of economic transformation. Thus, the book moves well beyond the core ‘trade and growth’ framework to look at technological progress, foreign investment, institutional development and structural change in Central and Eastern European countries.
Book Synopsis Most-favoured-nation Treatment by : United Nations Conference on Trade and Development
Download or read book Most-favoured-nation Treatment written by United Nations Conference on Trade and Development and published by . This book was released on 2010 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.
