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Trade in Services in the Central and East European Countries

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  • Roman Römisch

    ()
    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension it is a helpful means in the modernization process of the CEE economies whose (producer) services, as of 1989, were far from the development level typical of well-functioning market economies. The first part of the present paper gives a theoretical and empirical overview of the services trade in eight CEECs, highlighting their strengths and weaknesses. The second part of the paper focuses on the services trade of the Czech Republic, Hungary and Poland with the EU in general and Austria in particular, thus also allowing for an examination of the advantages and disadvantages Austria has vis-à-vis the EU in trading services with the CEECs.

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Bibliographic Info

Paper provided by The Vienna Institute for International Economic Studies, wiiw in its series wiiw Research Reports with number 274.

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Length: 122 pages including 68 Tables and 5 Figures
Date of creation: Jan 2001
Date of revision:
Publication status: Published as wiiw Research Report
Handle: RePEc:wii:rpaper:rr:274

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Related research

Keywords: Central and East European countries; foreign trade; trade in services; balances of payments;

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