The transition in Central and Eastern European countries (CEECs), bringing in its wake improved trade relations with the European Union (EU), has raised considerable concern in less developed countries (LDCs). Although there has been some discussion of the possible implications of this new EU...

The Post-Uruguay Round era has seen a proliferation of regional preferential trade agreements (PTAs), as well as progressive multilateral trade liberalization initiatives. This has stimulated theoretical discussion on whether the policy of pursuing PTAs will have a malign or a benign impact on...