IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkwp/370.html
   My bibliography  Save this paper

Between Perestroika and Internal Market 1992: A new role for EFTA

Author

Listed:
  • Schmieding, Holger

Abstract

The winds of change are blowing through Europe. In the western half of the divided continent the European Community (EC) is setting about to complete its Internal Market by the end of 1992, in the East various members of the Council for Mutual Economic Assistance (Comecon) are striving for a thorough reform of their derelict command economies. Both projects are part and parcel of a worldwide trend towards freer markets, both are quite sensible in their own right. Unfortunately, they are incompatible in at least one aspect that is crucial for the economic future of Europe as a whole: while many Comecon countries seek closer links with Western Europe under the heading of perestroika, a misconceived Internal Market 1992 threatens to deepen the economic division of the old continent. The purpose of .this paper is to sketch the major causes for concern and to elaborate a concept on how instead a properly designed 1992 could contribute to a pan-European economic integration. The core of the proposal is (i) to give the emerging Internal Market a clear liberal imprint, (ii) to extend the nondiscriminatory treatment to the European Free Trade Assocation (EFTA), and (iii) to offer EFTA membership to all those East European countries whose economic reforms have progressed sufficiently far.

Suggested Citation

  • Schmieding, Holger, 1989. "Between Perestroika and Internal Market 1992: A new role for EFTA," Kiel Working Papers 370, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:370
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/47051/1/042029694.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dicke, Hugo, 1989. "Das Programm zur Vollendung des Binnenmarktes: Versuch einer Zwischenbilanz," Kiel Working Papers 364, Kiel Institute for the World Economy (IfW Kiel).
    2. Schmieding, Holger, 1988. "The dynamics of trade diversion: Observations on West Germany's integration into the Little European Common Market 1958-1972," Kiel Working Papers 334, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. KURTOVIC, Safet & HALILI, Blerim & MAXHUNI, Nehat & TALOVIC, Sead, 2016. "Liberalization of Trade with the EFTA Countries: Some Evidence from Bosnia and Herzegovina - La liberalizzazione del commercio con i paesi dell’ EFTA: evidenze dalla Bosnia e Herzegovina," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 69(3), pages 213-232.

    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. Siebert, Horst, 1989. "The harmonization issue in Europe: prior agreement or a competitive process?," Kiel Working Papers 377, Kiel Institute for the World Economy (IfW Kiel).
    2. Schmieding, Holger, 1992. "Maastricht: A dead end of European integration?," Kiel Discussion Papers 192, Kiel Institute for the World Economy (IfW Kiel).
    3. Kostrzewa, Wojciech Julian & Schmieding, Holger, 1989. "The EFTA option for Eastern Europe: Towards an economic reunification of the divided continent," Kiel Working Papers 397, Kiel Institute for the World Economy (IfW Kiel).

    More about this item

    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:zbw:ifwkwp:370. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    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.