FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING

Central and East Europe Transition Economies (CIE) achieved favorable results in the field of foreign trade, parallel with programs of economy stabilization and privatization. According to foreign capital inflow, they succeeded in structural changes of production and increased export competitiveness...

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Main Author: Радован Ковачевић, PhD
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2003-06-01
Series:Acta Economica
Subjects:
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/340
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author Радован Ковачевић, PhD
author_facet Радован Ковачевић, PhD
author_sort Радован Ковачевић, PhD
collection DOAJ
description Central and East Europe Transition Economies (CIE) achieved favorable results in the field of foreign trade, parallel with programs of economy stabilization and privatization. According to foreign capital inflow, they succeeded in structural changes of production and increased export competitiveness. Clear consequence was growth of effiCIEncy in using of domestic resources. Regarding to regional aspects of foreign trade, EU became the main partner of these countries, above all thanks to growth of intra-industrial trade flows. Privatization was marked by introduction of labor in tensive production process, within transnational corporations have diminished production costs. Dynamic growth of intra-industrial trade almost is owing to growth of production characterized by low new added value. That makes export earnings vulnerable to cyclical oscillation of EU demand. All these countries are candidates for EU membership and in line with that, they signed so-called Europe an Agreement. That means free trade of industrial goods between them, except food-staffs. Croatia signed special agreement, which is different for some details regarding to Europe an Agreement. Russian Federation has the less liberalized system of trade with EU.
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spelling doaj.art-24d77362bc814819bf9427b15699b26b2022-12-21T20:55:54ZengUniversity of Banja Luka, Faculty of EconomicsActa Economica1512-858X2232-738X2003-06-0121FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGINGРадован Ковачевић, PhD0Institute for Foreign Trade, BelgradeCentral and East Europe Transition Economies (CIE) achieved favorable results in the field of foreign trade, parallel with programs of economy stabilization and privatization. According to foreign capital inflow, they succeeded in structural changes of production and increased export competitiveness. Clear consequence was growth of effiCIEncy in using of domestic resources. Regarding to regional aspects of foreign trade, EU became the main partner of these countries, above all thanks to growth of intra-industrial trade flows. Privatization was marked by introduction of labor in tensive production process, within transnational corporations have diminished production costs. Dynamic growth of intra-industrial trade almost is owing to growth of production characterized by low new added value. That makes export earnings vulnerable to cyclical oscillation of EU demand. All these countries are candidates for EU membership and in line with that, they signed so-called Europe an Agreement. That means free trade of industrial goods between them, except food-staffs. Croatia signed special agreement, which is different for some details regarding to Europe an Agreement. Russian Federation has the less liberalized system of trade with EU.http://ae.ef.unibl.org/index.php/AE/article/view/340export, import, transition, capital.
spellingShingle Радован Ковачевић, PhD
FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
Acta Economica
export, import, transition, capital.
title FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
title_full FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
title_fullStr FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
title_full_unstemmed FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
title_short FOREIGN TRADE IN THE COUNTRIES IN TRANSITION IN THE CENTRAL AND EAST EUROPE AND STRUSTURES OF CHANGING
title_sort foreign trade in the countries in transition in the central and east europe and strustures of changing
topic export, import, transition, capital.
url http://ae.ef.unibl.org/index.php/AE/article/view/340
work_keys_str_mv AT radovankovačevićphd foreigntradeinthecountriesintransitioninthecentralandeasteuropeandstrusturesofchanging