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Inward Processing Trade And The Romanian Foreign Trade

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Author Info

  • Georgescu, George

    (Institute of National Economy, Romanian Academy, Bucharest)

Abstract

The paper underlines the importance of the Inward Processing Trade (IPT), supporting it by the standard examples from South East Asia. The author tries to estimate the IPT for the case of Romania using the available data and taking into considerations the benefits both in the long and short run recommends a few policies, like adapting the information and statistical data to the requirements of accurate evaluations of IPT dimensions, introducing fiscal and non-fiscal incentives for the economic actors operating under IPT regime, creating an IPT promoting regime and implementing a supporting strategy for the companies operating under the IPT regime.

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Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Journal for Economic Forecasting.

Volume (Year): (2003)
Issue (Month): 4 (December)
Pages: 112-122

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Handle: RePEc:rjr:romjef:v::y:2003:i:4:p:112-122

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Keywords: trade; inward processing trade;

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References

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  1. Robert C. Feenstra, . "Integration Of Trade And Disintegration Of Production In The Global Economy," Department of Economics 98-06, California Davis - Department of Economics.
  2. Robert Feenstra & Gordon Hanson, 2001. "Global Production Sharing and Rising Inequality: A Survey of Trade and Wages," NBER Working Papers 8372, National Bureau of Economic Research, Inc.
  3. repec:wii:bpaper:bowp:027 is not listed on IDEAS
  4. Lemoine, Françoise, 1998. "Integrating Central and Eastern Europe In the European Trade and Production Network," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt5r66s4ng, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
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Cited by:
  1. Georgescu, George, 2014. "International fragmentation of production. Local vulnerabilities and capitalization of heritage values in Romania," MPRA Paper 57255, University Library of Munich, Germany.
  2. Georgescu, George, 2005. "Parametrii macroeconomici în derivă
    [Economic Parameters Turn Adrift]
    ," MPRA Paper 26319, University Library of Munich, Germany.

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