IDEAS home Printed from https://ideas.repec.org/h/pal/stuchp/978-0-230-50247-5_2.html
   My bibliography  Save this book chapter

Macroeconomic Problems of Trade Liberalisation and EU Eastern Enlargement

In: EU Enlargement and its Macroeconomic Effects in Eastern Europe

Author

Listed:
  • Kazimierz Laski

Abstract

We concentrate our interest in this chapter upon the four Central and East European countries (CEECs): the Czech Republic, Hungary, Poland and the Slovak Republic, which have already concluded association agreements with the European Union, and we shall investigate only two new moments which are generally expected to happen after the CEECs have joined the Union. These are: a much stronger inflow of foreign capital, especially foreign direct investment (FDI), and price changes related to the opening of the common market to sensitive goods, especially food and textiles and footwear. We analyse the macroeconomic consequences of these two developments in a rather general manner. First, a model of GDP determined by aggregate demand is presented which takes special account of the consequences of the abrupt foreign trade liberalisation at the start of the transformation. In subsequent sections the model is then used for the question of the macroeconomic consequences of foreign capital inflows, and of the expected price changes in sensitive goods.

Suggested Citation

  • Kazimierz Laski, 1999. "Macroeconomic Problems of Trade Liberalisation and EU Eastern Enlargement," Studies in Economic Transition, in: Hubert Gabrisch & Rüdiger Pohl (ed.), EU Enlargement and its Macroeconomic Effects in Eastern Europe, chapter 2, pages 26-61, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-50247-5_2
    DOI: 10.1057/9780230502475_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:stuchp:978-0-230-50247-5_2. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.