Browse by author
Lookup NU author(s): Dr David Barlow
Full text for this publication is not currently held within this repository. Alternative links are provided below where available.
Economic reform in former communist countries has occurred at the same time as these countries have tried to integrate into the world economy. The extent to which such integration, particularly through trade, can influence domestic production depends upon the extent to which domestic producers are affected by foreign competition. The relationship between growth, trade liberalization, and internal reforms is investigated. A strong relationship is found between GDP growth and trade liberalization once non-linearities are incorporated, and once we control for inflation, the small scale private sector, war and the price liberalization shock. The quadratic relationship between growth and external reform indicates an optimal degree of external reform that is less than full liberalization, but greater for the EU candidates than for the other countries. No direct role is found for internal reforms other than small scale privatization.
Author(s): Barlow D
Publication type: Conference Proceedings (inc. Abstract)
Publication status: Published
Conference Name: EU Enlargement: Lessons Learned and Future Prospects
Year of Conference: 2008
Publisher: European Union
