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WTO commitments and CAP adoption in Central and East European countries: The case of Romania

Lookup NU author(s): Dr Lionel Hubbard

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Abstract

The paper reports the likely situation in Romania in 2006, which is assumed as a notional year for accession. Projections under accession and non-accession scenarios are generated with the aid of a partial-equilibrium, comparative-static, multi-market model developed for the purpose of estimating the economic costs and benefits of Romanian accession to the EU (Costs and Benefits, 1988). The remainder of the paper is structured as follows. Section 2 briefly reviews Romanian agri-food trade. Section 3 reports on the outcome of the Uruguay Round and Romania's WTO commitments. Section 4 details the approach and assumptions employed in the analysis. Section 5 presents the results, in terms of market access, domestic support and export subsidies. Section 6 concludes.

Publication metadata

Author(s): Davidova S, Giurca D, Hubbard LJ, Rusali MA

Publication type: Article

Publication status: Published

Journal: MOCT - MOST: economic policy in transitional economies

Year: 1999

Volume: 9

Issue: 3

Pages: 273-290

Print publication date: 01/01/1999

ISSN (print): 1120-7388

ISSN (electronic): 1573-7063

Publisher: Kluwer Academic Publishers

URL: http://dx.doi.org/10.1023/A:1009516604695

DOI: 10.1023/A:1009516604695

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