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The paper aims to analyse the effects in the trade performance of Georgia and Moldova in light of the Deep and … of Georgia and Moldova with the EU for 2015-2019, however, compared to 2010-2014 or pre-DCFTA period the average annual … relatively modest as compared to Moldova. Therefore, Moldova has achieved more deep trade integration with the EU than Georgia …
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Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...
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This paper focuses on ignored issues regarding the impact of trade reforms in transition economies. These economies are primarily characterized by a low quality of their products, large depreciations of their currencies, and a high degree of government intervention in economic activity. These...
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In the last ten years, there has been a sea change in trade and related policies in emerging markets. This results from autonomous reforms undertaken in conjunction with macro-economic stabilization programmes. Many non-tariff measures have been eliminated and tariffs, now the principal trade...
Persistent link: https://www.econbiz.de/10010227586
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680