This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the Baltic Free Trade Area (BFTA). Estimates from a gravity model and bilateral trade data support the view that both CEFTA and BFTA helped expand regional trade and limit the emergence of a...

This paper provides an in-depth analysis of the free trade agreements between Bosnia and Herzegovina and its regional partners of the SEE Stability Pact process. It identifies the key determinants of BiH's imports and exports in the gravity model framework and describes the trade barriers that...

This report analyses the functioning of free trade agreements (FTAs) signed by Bosnia and Herzegovina (BiH) with its regional partners in the SEE Stability Pact process (Albania, Bulgaria, Croatia, Macedonia, Moldova, Romania, and Serbia and Montenegro). The objective of the study, as defined by...