Free trade area in southeast Europe: Growth potentials and implications for Croatia
Paper focuses on preconditions, actual trade flows and growth potentials of the Free Trade Zone in Southeast Europe. Further trade liberalisation and implementation of all 21 bilateral trade agreementswould be important incentive for intra-regional trade, especially within SEE-5, where, according to...
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| Format: | Article |
| Language: | deu |
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Faculty of Economics University of Rijeka
2004-11-01
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| Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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| Online Access: | https://www.efri.hr/sites/efri.hr/files/cr-collections/2/02_vlahinic.pdf |
| _version_ | 1819177311324340224 |
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| author | Nela Vlahinić-Dizdarević |
| author_facet | Nela Vlahinić-Dizdarević |
| author_sort | Nela Vlahinić-Dizdarević |
| collection | DOAJ |
| description | Paper focuses on preconditions, actual trade flows and growth potentials of the Free Trade Zone in Southeast Europe. Further trade liberalisation and implementation of all 21 bilateral trade agreementswould be important incentive for intra-regional trade, especially within SEE-5, where, according to gravity model results, there exist situations of “under-trade”. Bilateral trade between Croatia and S&MNrepresents such “under-trade” situation that gives large space for Croatian export growth to this market. On the other hand, trade with B&His already above the predicted level and it could even fall in the future because great part of B&H imports was triggered by Western assistance. According to the analysis, the establishment of the Free Trade Area in SEE gives potentials for an increase in intra-regional trade (especially SEE-5), but these benefits could be fully reached only by pursuing parallel trade integration towards the EU in order to avoid trade diversion effect. |
| first_indexed | 2024-12-22T21:24:38Z |
| format | Article |
| id | doaj.art-3d873ebb68ca4f72bc3a25fb42d76032 |
| institution | Directory Open Access Journal |
| issn | 1331-8004 |
| language | deu |
| last_indexed | 2024-12-22T21:24:38Z |
| publishDate | 2004-11-01 |
| publisher | Faculty of Economics University of Rijeka |
| record_format | Article |
| series | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
| spelling | doaj.art-3d873ebb68ca4f72bc3a25fb42d760322022-12-21T18:12:05ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80042004-11-012212137Free trade area in southeast Europe: Growth potentials and implications for CroatiaNela Vlahinić-DizdarevićPaper focuses on preconditions, actual trade flows and growth potentials of the Free Trade Zone in Southeast Europe. Further trade liberalisation and implementation of all 21 bilateral trade agreementswould be important incentive for intra-regional trade, especially within SEE-5, where, according to gravity model results, there exist situations of “under-trade”. Bilateral trade between Croatia and S&MNrepresents such “under-trade” situation that gives large space for Croatian export growth to this market. On the other hand, trade with B&His already above the predicted level and it could even fall in the future because great part of B&H imports was triggered by Western assistance. According to the analysis, the establishment of the Free Trade Area in SEE gives potentials for an increase in intra-regional trade (especially SEE-5), but these benefits could be fully reached only by pursuing parallel trade integration towards the EU in order to avoid trade diversion effect.https://www.efri.hr/sites/efri.hr/files/cr-collections/2/02_vlahinic.pdfSoutheast EuropeCroatiaEuropean UnionIntra-regional tradeRegional cooperation |
| spellingShingle | Nela Vlahinić-Dizdarević Free trade area in southeast Europe: Growth potentials and implications for Croatia Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu Southeast Europe Croatia European Union Intra-regional trade Regional cooperation |
| title | Free trade area in southeast Europe: Growth potentials and implications for Croatia |
| title_full | Free trade area in southeast Europe: Growth potentials and implications for Croatia |
| title_fullStr | Free trade area in southeast Europe: Growth potentials and implications for Croatia |
| title_full_unstemmed | Free trade area in southeast Europe: Growth potentials and implications for Croatia |
| title_short | Free trade area in southeast Europe: Growth potentials and implications for Croatia |
| title_sort | free trade area in southeast europe growth potentials and implications for croatia |
| topic | Southeast Europe Croatia European Union Intra-regional trade Regional cooperation |
| url | https://www.efri.hr/sites/efri.hr/files/cr-collections/2/02_vlahinic.pdf |
| work_keys_str_mv | AT nelavlahinicdizdarevic freetradeareainsoutheasteuropegrowthpotentialsandimplicationsforcroatia |