This study aims at providing an overview of policies affecting services trade in seven countries of the Balkan region, and stresses the growing importance of services trade. The service sectors, particularly tourism and transport, play an important role in the economies of the Balkan countries....

[eng] A country’s trade policy is a key link in the transmission of price signals from the world market to domestic resource allocation and to the economy’s effective integration in the world trading system. But integration in the world trading system depends on whether the policies and...

[eng] The Integration of Transition Economies into the World Trading System . A country’s trade policy is a key link in the transmission of price signals from the world market to domestic resource allocation and to the economy’s effective integration in the world trading system. But...

In the 1960s and 1970s developing countries viewed UNCTAD (United Nations Conference on Trade&Development) rather than the GATT (General Agreement on Tariffs&Trade) as the main institution through which to promote their interests in international trade. But beginning with the Uruguay Round in...

This paper considers the challenges and opportunities facing the Central American countries and explores the choices open to them for fuller integration into the world economy. The paper presents a brief historical account of the origins and evolution of the Central American Common Market...

A web of trade and payments arrangements binds countries of Eastern and Central Europe under the Council of Mutual Economic Assistance (CMEA) agreements. However, it is incompatible with these countries recent commitments to move toward liberalized trade and currency convertibility. The...

Payments problems constrained interstate trade among the Commonwealth of Independent States (CIS) countries in 1992-95, especially during the prolonged demise of the ruble zone. Two kinds of solutions should be sought: 1) more effective stabilization measures to improve the prospects of currency...

The authors discuss options that could be considered in the World Trade Organization (WTO) to provide more favorable treatment-so-called special and differential treatment (SDT)-to small and low-income countries. They argue that there is a need both for differentiation across WTO members and for...

In the aftermath of the breakup of the Soviet Union, trade among the new independent states collapsed. To help reestablish interstate trade, the 12 members of the Commonwealth of independent States (CIS) established a Free Trade Area. More recently, four members of the CIS -Belarus, Kazakstan,...