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Transition economies are going through a process of changing the role of the state, allowing a greater role for the private sector. This is consistent with the market-oriented approach of the WTO. Remaining state agencies and enterprises will need to adapt their ways of doing business, including...
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This paper analyses the results of the financial services negotiations under the General Agreement on Trade in Services (GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent policy regimes in many developing and transition...
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Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were … management of capital flows must start from well functioning markets, and have been prepared to adopt structural policies …
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flexible management of the nominal exchange rate would be a preferable way of dealing with the real appreciation of these …
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"Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO's Trade Policy Review Body. The opening...
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