Enhancing Regional Trade Integration
            in Southeast Europe

Lucas, Robert; Handjiski, Borko; Martin, Philip; Guerin, Selen Sarisoy

Enhancing Regional Trade Integration in Southeast Europe

Autores

Lucas, Robert

Handjiski, Borko

Martin, Philip

Guerin, Selen Sarisoy

Editor

World Bank

Descripción

Countries of the Southeast Europe (SEE) region have witnessed significant economic improvement since the beginning of their transition to market economies in the early 1990s. Growth has been particularly strong in the past six years, but still lower than in other fast growing countries in the East Asia and Baltic regions, or some of the other new member states of the European Union (EU). The purpose of this study is twofold: (i) to present recent trends in intra regional trade in SEE, in particular following the implementation of Central European Free Trade Agreement (CEFTA); and (ii) to bring the attention of policy makers to some of the remaining impediments to enhanced intra regional trade. The rest of the study is organized as follows. Chapter two describes intraregional trade patterns, both prior and after the entry of CEFTA into force, including more detailed analysis of trade structure. Chapter three emphasizes the role of nontariff barriers (NTBs), such as technical regulations and standards, and their potential impact on trade enhancement, as well as the importance of the trade related environment drawing on global surveys and reports (doing business, Business Environment and Enterprise Performance Survey (BEEPS), logistics performance indicator, and the enabling trade index). It also looks at rules of origin and their role in trade creation. Chapter four aims to present the view of the private sector on CEFTA and on trade related reforms in general through two case studies of regional firms. Finally, chapter five concludes by summarizing the key recommendations of the study.

Palabras clave

AGRICULTURAL OUTPUT, AGRICULTURAL PRODUCTS, AGRICULTURE, APPLICABLE LAW, APPLIED TARIFF, AVERAGE TARIFF, AVERAGE TARIFFS, BARRIERS TO TRADE, BENCHMARK, BILATERAL FREE TRADE AGREEMENTS, BINDING CONSTRAINT, BUSINESS ENVIRONMENT, CHANGES IN TRADE, COMMODITIES, COMMODITY, COMMON MARKET, COMMUNICATION TECHNOLOGIES, COMPARATIVE ADVANTAGES, COMPETITION RULES, COMPETITIVE ADVANTAGES, COMPETITIVE PRESSURES, COMPETITIVENESS, CONSUMER PREFERENCES, CONSUMER SURPLUS, CONSUMERS, COPYRIGHT CLEARANCE, COPYRIGHT CLEARANCE CENTER, CURRENCY, CUSTOMS, CUSTOMS ADMINISTRATIONS, CUSTOMS AUTHORITIES, CUSTOMS DUTIES, CUSTOMS UNION, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DISPUTE RESOLUTION, DOMESTIC DEMAND, DOMESTIC PRODUCERS, DOMESTIC PRODUCTION, ECONOMIC COOPERATION, ECONOMIC CRISIS, ECONOMIC DEVELOPMENT, ECONOMIC INTEGRATION, ECONOMIC PERFORMANCE, ECONOMIES OF SCALE, EQUAL SHARE, EQUILIBRIUM, EUROPEAN UNION, EXCHANGE RATE, EXPORT BASE, EXPORT DIVERSIFICATION, EXPORT GROWTH, EXPORT LED GROWTH, EXPORT PERFORMANCE, EXPORT PRODUCTS, EXPORT RATIO, EXPORT STRUCTURE, EXPORTERS, EXPORTING COUNTRIES, EXTERNAL TARIFF, EXTERNAL TARIFF STRUCTURE, EXTERNAL TARIFFS, FACTOR ENDOWMENTS, FINANCIAL MARKETS, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN TECHNOLOGIES, FOREIGN TRADE, FREE MOVEMENT OF GOODS, FREE TRADE, FREE TRADE AGREEMENT, FREE TRADE AGREEMENTS, FREE TRADE AREA, FREE TRADE AREAS, FREE TRADE ARRANGEMENTS, FREE TRADE IN GOODS, FREEDOM OF MOVEMENT, FULL LIBERALIZATION, GDP, GDP PER CAPITA, GLOBAL EXPORTS, GLOBAL TRADE, GLOBALIZATION, GROSS DOMESTIC PRODUCT, GROWTH IN TRADE, GROWTH RATES, HARMONIZATION, HOME COUNTRY, IMPACT OF TRADE, IMPACT OF TRADE LIBERALIZATION, IMPORT BANS, IMPORT COMPETITION, IMPORT DUTIES, IMPORT PRODUCT, IMPORT REQUIREMENTS, IMPORTED PRODUCTS, INCOME, INCOME LEVELS, INDUSTRY TRADE, INFORMAL ECONOMIES, INSURANCE, INTANGIBLE, INTELLECTUAL PROPERTY, INTERNATIONAL BANK, INTERNATIONAL LABOUR ORGANIZATION, INTERNATIONAL RECOGNITION, INTERNATIONAL TRADE, LABOR MARKET, LABOR MARKETS, LIBERALIZATION OF TRADE, MARKET ECONOMIES, MARKET SHARE, MARKET SIZE, MOST FAVORED NATION, MULTINATIONAL FIRM, MUTUAL RECOGNITION, NATIONAL AUTHORITIES, NATIONAL CURRENCY, NATURAL RESOURCES, NET EXPORTS, NEW MARKETS, NEW PRODUCTS, OIL IMPORTS, OUTSOURCING, PENSIONS, POLICY MAKERS, POLITICAL FACTORS, POSITIVE EFFECTS, POSITIVE EXTERNALITIES, PREFERENTIAL TRADE, PREFERENTIAL TRADE AGREEMENT, PRICE INDEXES, PRODUCT ORIGIN, PROPERTY RIGHT, PROTECTION MEASURES, PROTECTION OF INTELLECTUAL PROPERTY RIGHTS, PROTECTIONISM, PUBLIC FINANCE, RATE OF GROWTH, REGIONAL INTEGRATION, REGIONAL TRADE, REGIONAL TRADE INTEGRATION, RESOLUTION OF DISPUTES, RULES OF ORIGIN, SAFETY STANDARDS, SINGLE MARKET, SKILLED LABOR, SKILLED WORKERS, SMALL COUNTRIES, SMALL ECONOMIES, SUSTAINABLE GROWTH, TARIFF BARRIERS, TARIFF LINES, TARIFF REVENUE, TARIFF STRUCTURES, TAX, TECHNICAL BARRIERS, TECHNICAL REGULATIONS, TEXTILE TRADE, TRADE AGREEMENT, TRADE BARRIERS, TRADE CLASSIFICATION, TRADE CREATION, TRADE DATA, TRADE DIVERSIFICATION, TRADE DIVERSION, TRADE EXPANSION, TRADE FACILITATION, TRADE FLOWS, TRADE IN SERVICES, TRADE INDICATORS, TRADE LIBERALIZATION, TRADE LOGISTICS, TRADE PARTNERS, TRADE PATTERNS, TRADE PERFORMANCE, TRADE POLICY, TRADE PREFERENCE, TRADE PROTECTION, TRADE REFORM, TRADE REGIMES, TRADE REGULATIONS, TRADE RELATIONSHIP, TRADE RELATIONSHIPS, TRADE STRUCTURE, TRADE SURPLUS, TRADE VALUES, TRADE VOLUMES, TRANSITION ECONOMIES, UNDERLYING ISSUES, UNEMPLOYMENT, UNEMPLOYMENT RATES, UNFAIR COMPETITION, VALUE ADDED, VERTICAL SPECIALIZATION, VOLATILITY, WAGES, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO