Stabilization and Association Process in the Balkans : Integration Options and their Assessment / Kaminski, Bartlomiej.

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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Bibliographic Details
Online Access: Full Text (via Open Knowledge Repository)
Main Author: Kamiński, Bartłomiej, 1944-
Corporate Author: World Bank
Other Authors: Kaminski, Bartlomiej, Rocha, Manuel
Other title:World Bank e-Library.
Format: Electronic eBook
Language:English
Published: Washington, D.C. : The World Bank, 2003.
Series:Policy research working papers.
Subjects:

MARC

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520 |a 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. 
504 |a Includes bibliographical references (pages 45-49). 
650 0 |a Trade Law. 
650 0 |a Customs Procedures. 
650 0 |a Emerging Markets. 
650 0 |a Free trade. 
650 0 |a Industry Trade. 
650 0 |a Trade and Regional Integration. 
650 0 |a Public Sector Development. 
650 0 |a Private Sector Development. 
650 0 |a Multilateral Liberalization. 
650 0 |a Macroeconomics and Economic Growth. 
650 0 |a Law and economic development. 
650 0 |a International Economics and Trade. 
650 0 |a Industrial Products. 
650 0 |a Exporters. 
650 0 |a Economic Theory and Research. 
650 0 |a Competitive Markets. 
650 0 |a Commercial policy. 
650 0 |a Competitive Market. 
650 0 |a Bilateral Free Trade Agreements. 
650 7 |a Commercial policy  |2 fast 
650 7 |a Free trade  |2 fast 
650 7 |a Law and economic development  |2 fast 
700 1 |a Kaminski, Bartlomiej. 
700 1 |a Rocha, Manuel. 
710 2 |a World Bank. 
730 0 |a World Bank e-Library. 
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776 0 8 |i Print version:  |a Kaminski, Bartlomiej.  |t Stabilization and Association Process in the Balkans.  |d Washington, D.C., The World Bank, 2003 
830 0 |a Policy research working papers. 
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