Stabilization and Association Process in the Balkans: Integration Options and their Assessment
The stabilization and association process launched by the European Union in the aftermath of the Kosovo war in 1999 has created a new policy environment for five South East European countries (SEE-5). In exchange for EU assistance, the prospect of EU accession, and the continuation of preferential a...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
The World Bank
2003
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Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | The stabilization and association process launched by the European Union in the aftermath of the Kosovo war in 1999 has created a new policy environment for five South East European countries (SEE-5). In exchange for EU assistance, the prospect of EU accession, and the continuation of preferential access to EU markets, SEE-5 governments have to upgrade their institutions and governance by European standards and engage in mutual regional cooperation, including stability pact member-countries. Kaminski and de la Rocha examine the benefits to SEE-5 of trade liberalization along two dimensions and suggest conditions under which these could be maximized. They argue that the process of regional trade liberalization should be extended to multilateral liberalization, aligning SEE-5 most-favored-nation (MFN) applied tariffs on industrial products with EU MFN tariffs, and that priority be given to structural reforms and regional cooperation aimed at trade facilitation. As interindustry trade rather than intra-industry trade dominates intra-SEE-5 trade, the potential for expansion in intra-SEE-5 trade is limited at least within the confines of the existing production structures and transportation infrastructure. Therefore SEE-5 free trade agreements are unlikely to contribute to economic growth without concurrent efforts to improve infrastructure, trade facilitation, business, and investment climate, as well as to increase competition from MFN imports to external preferential suppliers through multilateral liberalization. This paper-a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region-was prepared in the context of the World Bank's regional program for South Eastern Europe. Its objective is to support the integration in the world economy-and in Europe in particular-of five countries that are currently engaged with the European Union in the stabilization and association process |
Beschreibung: | 1 Online-Ressource (56 Seiten)) |
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spelling | Kaminski, Bartlomiej Verfasser aut Stabilization and Association Process in the Balkans Integration Options and their Assessment Kaminski, Bartlomiej Washington, D.C The World Bank 2003 1 Online-Ressource (56 Seiten)) txt rdacontent c rdamedia cr rdacarrier The stabilization and association process launched by the European Union in the aftermath of the Kosovo war in 1999 has created a new policy environment for five South East European countries (SEE-5). In exchange for EU assistance, the prospect of EU accession, and the continuation of preferential access to EU markets, SEE-5 governments have to upgrade their institutions and governance by European standards and engage in mutual regional cooperation, including stability pact member-countries. Kaminski and de la Rocha examine the benefits to SEE-5 of trade liberalization along two dimensions and suggest conditions under which these could be maximized. They argue that the process of regional trade liberalization should be extended to multilateral liberalization, aligning SEE-5 most-favored-nation (MFN) applied tariffs on industrial products with EU MFN tariffs, and that priority be given to structural reforms and regional cooperation aimed at trade facilitation. As interindustry trade rather than intra-industry trade dominates intra-SEE-5 trade, the potential for expansion in intra-SEE-5 trade is limited at least within the confines of the existing production structures and transportation infrastructure. Therefore SEE-5 free trade agreements are unlikely to contribute to economic growth without concurrent efforts to improve infrastructure, trade facilitation, business, and investment climate, as well as to increase competition from MFN imports to external preferential suppliers through multilateral liberalization. This paper-a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region-was prepared in the context of the World Bank's regional program for South Eastern Europe. Its objective is to support the integration in the world economy-and in Europe in particular-of five countries that are currently engaged with the European Union in the stabilization and association process Online-Ausg Bilateral Free Trade Agreements Competitive Market Competitive Markets Customs Procedures Economic Theory and Research Emerging Markets Exporters Free Trade Industrial Products Industry Trade International Economics & Trade Law and Development Macroeconomics and Economic Growth Multilateral Liberalization Private Sector Development Public Sector Development Trade Law Trade Policy Trade and Regional Integration Kaminski, Bartlomiej Sonstige oth Rocha, Manuel Sonstige oth Kaminski, Bartlomiej Stabilization and Association Process in the Balkans http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3108 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Kaminski, Bartlomiej Stabilization and Association Process in the Balkans Integration Options and their Assessment Bilateral Free Trade Agreements Competitive Market Competitive Markets Customs Procedures Economic Theory and Research Emerging Markets Exporters Free Trade Industrial Products Industry Trade International Economics & Trade Law and Development Macroeconomics and Economic Growth Multilateral Liberalization Private Sector Development Public Sector Development Trade Law Trade Policy Trade and Regional Integration |
title | Stabilization and Association Process in the Balkans Integration Options and their Assessment |
title_auth | Stabilization and Association Process in the Balkans Integration Options and their Assessment |
title_exact_search | Stabilization and Association Process in the Balkans Integration Options and their Assessment |
title_exact_search_txtP | Stabilization and Association Process in the Balkans Integration Options and their Assessment |
title_full | Stabilization and Association Process in the Balkans Integration Options and their Assessment Kaminski, Bartlomiej |
title_fullStr | Stabilization and Association Process in the Balkans Integration Options and their Assessment Kaminski, Bartlomiej |
title_full_unstemmed | Stabilization and Association Process in the Balkans Integration Options and their Assessment Kaminski, Bartlomiej |
title_short | Stabilization and Association Process in the Balkans |
title_sort | stabilization and association process in the balkans integration options and their assessment |
title_sub | Integration Options and their Assessment |
topic | Bilateral Free Trade Agreements Competitive Market Competitive Markets Customs Procedures Economic Theory and Research Emerging Markets Exporters Free Trade Industrial Products Industry Trade International Economics & Trade Law and Development Macroeconomics and Economic Growth Multilateral Liberalization Private Sector Development Public Sector Development Trade Law Trade Policy Trade and Regional Integration |
topic_facet | Bilateral Free Trade Agreements Competitive Market Competitive Markets Customs Procedures Economic Theory and Research Emerging Markets Exporters Free Trade Industrial Products Industry Trade International Economics & Trade Law and Development Macroeconomics and Economic Growth Multilateral Liberalization Private Sector Development Public Sector Development Trade Law Trade Policy Trade and Regional Integration |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3108 |
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