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Trade liberalization and political support in transition economies


  • Norbert Wunner


Most transition economies in Central and Eastern Europe have rather surprisingly resisted protectionist pressures-at least during early stages of reform-and pursued fairly liberal trade policies. In this paper, trade policy during transition is explained from a political economy perspective. It is shown that pursuing liberal trade policies can be a rational strategy of reform politicians, maximizing the probability of electoral success. Copyright The European Bank for Reconstruction and Development, 1998.

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  • Norbert Wunner, 1998. "Trade liberalization and political support in transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 6(2), pages 409-425, November.
  • Handle: RePEc:bla:etrans:v:6:y:1998:i:2:p:409-425

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    References listed on IDEAS

    1. Philippe Aghion & Olivier J. Blanchard, 1994. "On the Speed of Transition in Central Europe," NBER Chapters,in: NBER Macroeconomics Annual 1994, Volume 9, pages 283-330 National Bureau of Economic Research, Inc.
    2. Philippe Aghion & Olivier Jean Blanchard, 1994. "On the Speed of Transition Central Europe," NBER Working Papers 4736, National Bureau of Economic Research, Inc.
    3. Castanheira, Micael & Roland, GĂ©rard, 1996. "Restructuring and Capital Accumulation in Transition Economies: A General Equilibrium Perspective," CEPR Discussion Papers 1372, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Everaert, Greetje M.M., 2004. "The political economy of restructuring and subsidisation : an international perspective," BOFIT Discussion Papers 12/2004, Bank of Finland, Institute for Economies in Transition.
    2. Liu, Meng-chun, 2002. "Determinants of Taiwan's Trade Liberalization: The Case of a Newly Industrialized Country," World Development, Elsevier, vol. 30(6), pages 975-989, June.
    3. Greetje Everaert, 2003. "The Political Economy of Restructuring and Subsidisation: An International Perspective," LICOS Discussion Papers 13003, LICOS - Centre for Institutions and Economic Performance, KU Leuven.

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