Trade Policies in Central Asia after EU Enlargement and before Russian WTO Accession: Regionalism and Integration into the World Economy
AbstractThis paper analyses the choices between regionalism and multilateralism, and the impact of WTO membership on the five Central Asian countries. The two main sections analyse (1) why the large number of regional trade agreements which the Central Asian countries have signed have had little economic impact, and (2) the consequences for the Central Asian countries of Chinese and Russian WTO membership and the consequences of the current Central Asian applicantsâ (Kazakhstan, Tajikistan and Uzbekistan) own WTO accession. During the1990s, many regional trade agreements were signed - arrangements both among the Central Asian countries, and between Central Asian countries and their neighbours (Russia to the north, China to the east, and Iran and Turkey to the south) â but not implemented and, although the Kyrgyz Republic became a WTO member in 1998, the Central Asian countries vacillated between pursuing regional and multilateral trade policy avenues. The Central Asian countriesâ relationship to the WTO became a more pressing issue after Chinaâs long-running WTO accession negotiations were successfully concluded in December 200 and as Russian negotiations are move forward. At the same time the push towards regionalism is also affected by external events such as the European Unionâs deeper integration, symbolized by the appearance of euro banknotes in 2002, and the eastward expansion of the EU in 2004.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Adelaide, School of Economics in its series School of Economics Working Papers with number 2004-13.
Length: 29 pages
Date of creation: 2004
Date of revision:
trade policy; WTO; regionalism; integration; Central Asia;
Other versions of this item:
- Pomfret, Richard, 2005. "Trade policies in Central Asia after EU enlargement and before Russian WTO accession: Regionalism and integration into the world economy," Economic Systems, Elsevier, vol. 29(1), pages 32-58, March.
- Richard Pomfret, 2005. "Trade Policies in Central Asia after EU Enlargement and before Russian WTO accession: Regionalism and Integration into the world economy," Others 0502003, EconWPA.
- P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Business, and Aid
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pomfret, Richard, 2001. "The Economics of Regional Trading Arrangements," OUP Catalogue, Oxford University Press, number 9780199248872.
- F. Campos, Nauro, 2004. "What Does WTO Membership Kindle in Transition Economies?: An Empirical Investigation," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 19, pages 395-415.
- Djankov, Simeon & Freund, Caroline, 2002. "Trade Flows in the Former Soviet Union, 1987 to 1996," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 76-90, March.
- Ga�l Raballand, 2003. "Determinants of the Negative Impact of Being Landlocked on Trade: An Empirical Investigation Through the Central Asian Case," Comparative Economic Studies, Palgrave Macmillan, vol. 45(4), pages 520-536, December.
- Simeon Djankov & Caroline Freund, 1998.
International Finance Discussion Papers
618, Board of Governors of the Federal Reserve System (U.S.).
- Djankov, Simeon & Freund, Caroline, 2000. "Disintegration and trade flows : evidence from the Former Soviet Union," Policy Research Working Paper Series 2378, The World Bank.
- Richard Pomfret, 2003. "Trade and Exchange Rate Policies in Formerly Centrally Planned Economies," The World Economy, Wiley Blackwell, vol. 26(4), pages 585-612, 04.
- Baffes, John, 2004. "Cotton : Market setting, trade policies, and issues," Policy Research Working Paper Series 3218, The World Bank.
- Annageldy Arazmuradov, 2012.
"Foreign Aid, Foreign Direct Investment, and Domestic Investment Nexus in Landlocked Economies of Central Asia,"
Economic Research Guardian,
Weissberg Publishing, vol. 2(1), pages 129-151, May.
- Arazmuradov, Annageldy, 2011. "Foreign aid, foreign direct investment and domestic investment nexus in landlocked economies of Central Asia," MPRA Paper 36881, University Library of Munich, Germany, revised 23 Feb 2012.
- Richard Pomfret, 2005.
"Regional Trade Agreements,"
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dmitriy Kvasov).
If references are entirely missing, you can add them using this form.