IDEAS home Printed from https://ideas.repec.org/p/rsc/rsceui/pp2013-25.html
   My bibliography  Save this paper

A Vision for Ukraine in the World Economy. Defining a Trade Policy Strategy that Leverages Global Opportunities

Author

Listed:
  • Bernard Hoekman
  • Jesper Jensen
  • David Tarr

Abstract

A trade policy that is global in perspective and the lowering of trade costs are critical for Ukraine. Two regional trade agreements are at the center of attention in Ukraine. One is the Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU that Ukraine has, at least temporarily, recently rejected; the other is an invitation to join the Eurasian Customs Union (ECU) with Russia. We argue that Ukraine should focus on addressing specific policy areas that negatively affect trade with both of its neighboring customs unions. In addition to intergovernmental trade agreements that center on deeper integration with both blocs, we suggest Ukraine put in place a number of “supply chain councils” (public-private partnerships that focus on the main sources of supply chain trade frictions) organized around the major export sectors for Ukraine, the ECU countries as well as the EU. The councils would have a mandate to identify the most important sources of supply chain inefficiencies as well as actions to resolve them. The recent proposal by Ukraine to establish a joint commission among Ukraine, Russia and the EU to promote trade could be used as a step in this direction.

Suggested Citation

  • Bernard Hoekman & Jesper Jensen & David Tarr, 2013. "A Vision for Ukraine in the World Economy. Defining a Trade Policy Strategy that Leverages Global Opportunities," RSCAS Working Papers PP 2013/25, European University Institute.
    • Handle: RePEc:rsc:rsceui:pp2013/25
    as

    Download full text from publisher

    File URL: http://cadmus.eui.eu/bitstream/handle/1814/28961/RSCAS_PP_2013_25.pdf?sequence=1
    Download Restriction: no
    File URL: http://hdl.handle.net/1814/28961
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Angela Cheptea & Lionel Fontagné & Soledad Zignago, 2014. "European export performance," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 150(1), pages 25-58, February.
    2. Bernard M. Hoekman & Aaditya Mattoo, 2013. "Liberalizing Trade in Services: Lessons from Regional and WTO Negotiations," RSCAS Working Papers 2013/34, European University Institute.
    3. Olivier Cadot & Mariem Malouche & Sebastián Sáez, 2012. "Streamlining Non-Tariff Measures : A Toolkit for Policy Makers," World Bank Publications - Books, The World Bank Group, number 6019, December.
    4. Shepotylo, Oleksandr & Tarr, David G., 2012. "Impact of WTO accession and the customs union on the bound and applied tariff rates of the Russian federation," Policy Research Working Paper Series 6161, The World Bank.
    5. Cusolito, Ana Paula & Hollweg, Claire H., 2013. "Trade policy barriers: an obstacle to export diversification in Eurasia," Policy Research Working Paper Series 6434, The World Bank.
    6. World Bank, 2012. "Kazakhstan : Assessment of Costs and Benefits of the Customs," World Bank Publications - Reports 12299, The World Bank Group.
    7. Glenn W. Harrison & Thomas F. Rutherford & David G. Tarr, 2014. "Trade Policy Options for Chile: The Importance of Market Access," World Scientific Book Chapters, in: APPLIED TRADE POLICY MODELING IN 16 COUNTRIES Insights and Impacts from World Bank CGE Based Projects, chapter 14, pages 329-359, World Scientific Publishing Co. Pte. Ltd..
    8. Shepotylo, Oleksandr & Vakhitov, Volodymyr, 2012. "Services liberalization and productivity of manufacturing firms : evidence from Ukraine," Policy Research Working Paper Series 5944, The World Bank.
    9. World Bank, 2012. "Assessment of Costs and Benefits of the Customs Union for Kazakhstan," World Bank Publications - Reports 2722, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David G. Tarr, 2016. "The Eurasian Economic Union of Russia, Belarus, Kazakhstan, Armenia, and the Kyrgyz Republic: Can It Succeed Where Its Predecessor Failed?," Eastern European Economics, Taylor & Francis Journals, vol. 54(1), pages 1-22, January.
    2. Aktoty Aitzhanova & Shigeo Katsu & Johannes F. Linn & Vladislav Yezhov (ed.), 2014. "Kazakhstan 2050: Toward a Modern Society for All," Books, Emerging Markets Forum, edition 1, number kazakh2050, November.
    3. Augusto Cerqua & Pierluigi Montalbano & Zhansaya Temerbulatova, 2021. "A decade of Eurasian Integration: An ex-post non-parametric assessment of the Eurasian Economic Union," Working Papers 1/21, Sapienza University of Rome, DISS.
    4. Ulyukaev, Sergey (Улюкаев, Сергей) & Sheryay, K. I. (Шеряй, К. И.), 2014. "Conceptual Bases of Effective Use of the Integration Potential of the CIS [Концептуальные Основы Эффективного Использования Интеграционного Потенциала Стран-Членов Снг]," Published Papers om20, Russian Presidential Academy of National Economy and Public Administration.
    5. Balistreri, Edward J. & Maliszewska, Maryla & Osorio-Rodarte, Israel & Tarr, David G. & Yonezawa, Hidemichi, 2016. "Poverty and Shared Prosperity Implications of Deep Integration in Eastern and Southern Africa," Conference papers 332681, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Bernard M. Hoekman, 2013. "Multilateral Institutions and African Economic Integration," RSCAS Working Papers 2013/67, European University Institute.
    7. Shepotylo, Oleksandr & Tarr, David G., 2012. "Impact of WTO accession and the customs union on the bound and applied tariff rates of the Russian federation," Policy Research Working Paper Series 6161, The World Bank.
    8. Carneiro, Fracisco, 2013. "What Promises Does the Eurasian Customs Union Hold for the Future?," World Bank - Economic Premise, The World Bank, issue 108, pages 1-5, February.
    9. Amat Adarov, 2023. "Eurasian economic integration: impact evaluation using the gravity model and the synthetic control methods," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(2), pages 467-504, May.
    10. Francisco G. Carneiro, 2013. "What Promises Does the Eurasian Customs Union Hold for the Future?," World Bank Publications - Reports 17034, The World Bank Group.
    11. Anders Aslund, 2013. "Ukraine's Choice: European Association Agreement or Eurasian Union?," Policy Briefs PB13-22, Peterson Institute for International Economics.
    12. Azimzhan Khitakhunov & Bulat Mukhamediyev & Richard Pomfret, 2017. "Eurasian Economic Union: present and future perspectives," Economic Change and Restructuring, Springer, vol. 50(1), pages 59-77, February.
    13. Laens, Silvia & Terra, María Inés, 2005. "MERCOSUR: Asymmetries and Strengthening of the Customs Union: Options for the Common External Tariff," IDB Publications (Working Papers) 2923, Inter-American Development Bank.
    14. Matteo Bugamelli & Silvia Fabiani & Stefano Federico & Alberto Felettigh & Claire Giordano & Andrea Linarello, 2018. "Back on Track? A Macro–Micro Narrative of Italian Exports," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 4(1), pages 1-31, March.
    15. Istvan Feher & Andrew Fieldsend, 2019. "The potential for expanding wheat production and exports in Kazakhstan," JRC Research Reports JRC113009, Joint Research Centre.
    16. Lionel Fontagné & Sophie Hatte, 2013. "European High-End Products in International Competition," PSE - G-MOND WORKING PAPERS hal-00959394, HAL.
    17. Jota Ishikawa & Hodaka Morita & Hiroshi Mukunoki, 2016. "Trade liberalization and aftermarket services for imports," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(4), pages 719-764, October.
    18. Ana Paula Cusolito & Claire H. Hollweg, 2015. "Trade Policy Barriers: An Obstacle to Export Diversification in Eurasia," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(4), pages 91-129, June.
    19. Gloria Allione & Claire Giordano, 2023. "Are the Happy Few still happy? Exporter heterogeneity during the COVID-19 pandemic in Italy," Questioni di Economia e Finanza (Occasional Papers) 816, Bank of Italy, Economic Research and International Relations Area.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsc:rsceui:pp2013/25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RSCAS web unit (email available below). General contact details of provider: https://edirc.repec.org/data/rsiueit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.