IDEAS home Printed from https://ideas.repec.org/a/prs/recofi/ecofi_1767-4603_2001_hos_6_1_4553.html
   My bibliography  Save this article

The Integration of Transition Economies into the World Trading System

Author

Listed:
  • Constantine Michalopoulos

Abstract

[fre] L’intégration des pays en transition au système du commerce mondial . La politique commerciale d’un pays constitue un maillon essentiel dans la transmission des signaux de prix émis par le marché mondial au processus d’allocation des ressources nationales et à l’intégration effective de l’économie concernée aux échanges mondiaux. L’intégration effective des pays en transition dépend non seulement de leurs propres politiques et institutions commerciales, mais aussi de celles de leurs partenaires commerciaux qui ont une incidence sur l’accès aux marchés et sur les termes de l’échange. L’objectif de cette étude est de faire le point de la situation actuelle des différents PECO et pays de l’ex-URSS s’agissant de leur politique commerciale et de l’état d’avancement de leur intégration aux échanges mondiaux. Nous mettrons l’accent sur les défis que ces pays doivent relever et axerons notre propos sur les ex-Républiques soviétiques où ils sont les plus importants. . Classification JEL : F10, P20, P33 [eng] A country’s trade policy is a key link in the transmission of price signals from the world market to domestic resource allocation and to the economy’s effective integration in the world trading system. But integration in the world trading system depends on whether the policies and institutions of a country and its trading partners are conducive to the mutually beneficial exchange of goods and services based on specialisation and comparative advantage. The purpose of this study is to take stock of where countries in CEE and the FSU stand regarding trade policy and their integration in the world trading system. The emphasis is on the present and future challenges facing these countries rather than on a historical review of their reform efforts ; and the focus is on the countries of the FSU where the remaining challenges are the greatest. . JEL classifications : F10, P20, P33

Suggested Citation

  • Constantine Michalopoulos, 2001. "The Integration of Transition Economies into the World Trading System," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 64-89.
    • Handle: RePEc:prs:recofi:ecofi_1767-4603_2001_hos_6_1_4553
    DOI: 10.3406/ecofi.2001.4553
    Note: DOI:10.3406/ecofi.2001.4553
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ecofi.2001.4553
    Download Restriction: no
    File URL: https://www.persee.fr/doc/ecofi_1767-4603_2001_hos_6_1_4553
    Download Restriction: no
    File URL: https://libkey.io/10.3406/ecofi.2001.4553?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Drabek, Zdenek & Brada, Josef C., 1998. "Exchange Rate Regimes and the Stability of Trade Policy in Transition Economies," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 642-668, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard Pomfret, 2003. "Trade and Exchange Rate Policies in Formerly Centrally Planned Economies," The World Economy, Wiley Blackwell, vol. 26(4), pages 585-612, April.
    2. Kemme, David M. & Roy, Saktinil, 2006. "Real exchange rate misalignment: Prelude to crisis?," Economic Systems, Elsevier, vol. 30(3), pages 207-230, October.
    3. Paul G. Hare, 2000. "Trade Policy during the Transition. Lessons from the 1990s," CERT Discussion Papers 0006, Centre for Economic Reform and Transformation, Heriot Watt University.
    4. Dibooglu, Selahattin & Kutan, Ali M., 2001. "Sources of Real Exchange Rate Fluctuations in Transition Economies: The Case of Poland and Hungary," Journal of Comparative Economics, Elsevier, vol. 29(2), pages 257-275, June.
    5. Mohsen Bahmani-Oskooee & Ali Kutan, 2009. "The J-curve in the emerging economies of Eastern Europe," Applied Economics, Taylor & Francis Journals, vol. 41(20), pages 2523-2532.
    6. Jaromír Šindel & Stanislav Šaroch, 2008. "Politická ekonomie kursové politiky ve střední a východní evropě - odvětvový přístup [The political economy of exchange rate policy in central and east european countries - sector approach]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(1), pages 17-39.
    7. Samuel Guérineau & Sylviane Guillaumont Jeanneney, 2002. "Un indicateur d'ancrage nominal par le taux de change : illustration par le cas polonais," Économie et Prévision, Programme National Persée, vol. 154(3), pages 139-155.
    8. Katarzyna Twarowska, 2019. "Reforms of China’s exchange rate regime and the renminbi interna-tionalization," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(4), pages 531-556, December.
    9. Bo??tjan Jazbec, 2002. "Real Exchange Rates in Transition Economies," William Davidson Institute Working Papers Series 482, William Davidson Institute at the University of Michigan.
    10. David Barlow, 2004. "Purchasing Power Parity in Three Transition Economies," Economic Change and Restructuring, Springer, vol. 36(3), pages 201-221, September.
    11. Rolando H. Castañeda, 2003. "The Cuban External Sector in 1989-2002: Some Observations on Achievements, Failures and Challenges," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 13.
    12. Brada, Josef C., 1998. "Introduction: Exchange Rates, Capital Flows, and Commercial Policies in Transition Economies," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 613-620, December.
    13. Kaminski, Bartlomiej, 1999. "The EU factor in the trade policies of Central European countries," Policy Research Working Paper Series 2239, The World Bank.
    14. Horvath, Julius & Jonas, Jiri, 1998. "Exchange rate regimes in the transition economies: Case study of the Czech Republic: 1990-1997," ZEI Working Papers B 11-1998, University of Bonn, ZEI - Center for European Integration Studies.
    15. Li, Xiao & Wu, Ruoxi & Wang, Chen, 2024. "Impacts of bitcoin on monetary system: Is China's bitcoin ban necessary?," Research in International Business and Finance, Elsevier, vol. 69(C).
    16. Coricelli, Fabrizio & Jazbec, Bostjan, 2004. "Real exchange rate dynamics in transition economies," Structural Change and Economic Dynamics, Elsevier, vol. 15(1), pages 83-100, March.
    17. Seiha Ok & Makoto Kakinaka & Hiroaki Miyamoto, 2010. "Real Shock Or Nominal Shock? Exchange Rate Movements In Cambodia And Lao Pdr," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(04), pages 685-703.
    18. Samuel GUERINEAU, 1998. "Construction and Assessment of a Mixed Exchange Policy Indicator: Explanation of Polish Inflation," Working Papers 199818, CERDI.
    19. Ali M. Kutan & Su Zhou, 2008. "The Enlargement of the European Union and the Behavior of Real Exchange Rates," Review of Development Economics, Wiley Blackwell, vol. 12(3), pages 550-561, August.
    20. David Barlow, 2003. "Purchasing Power Parity in Three Transition Economies," Economic Change and Restructuring, Springer, vol. 36(3), pages 201-221, September.

    More about this item

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
    • F10 - International Economics - - Trade - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:recofi:ecofi_1767-4603_2001_hos_6_1_4553. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ecofi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.