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Trade in Services in the Central and East European Countries

Author

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  • Roman Römisch

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension it is a helpful means in the modernization process of the CEE economies whose (producer) services, as of 1989, were far from the development level typical of well-functioning market economies. The first part of the present paper gives a theoretical and empirical overview of the services trade in eight CEECs, highlighting their strengths and weaknesses. The second part of the paper focuses on the services trade of the Czech Republic, Hungary and Poland with the EU in general and Austria in particular, thus also allowing for an examination of the advantages and disadvantages Austria has vis-à-vis the EU in trading services with the CEECs.

Suggested Citation

  • Roman Römisch, 2001. "Trade in Services in the Central and East European Countries," wiiw Research Reports 274, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:rpaper:rr:274
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    File URL: https://wiiw.ac.at/trade-in-services-in-the-central-and-east-european-countries-dlp-198.pdf
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    Citations

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    Cited by:

    1. Patrizia Baur & Peter Havlik & Kazimierz Laski & Zdenek Lukas & Leon Podkaminer & Josef Pöschl & Sandor Richter & Roman Römisch & Hermine Vidovic, 2003. "Monthly Report special issue Spring Seminar No. S1/2003," wiiw Monthly Reports 2003-S01, The Vienna Institute for International Economic Studies, wiiw.

    More about this item

    Keywords

    Central and East European countries; foreign trade; trade in services; balances of payments;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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