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Blind faith in the Balkans: trade policy options for South-East Europe

Author

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  • Dean DeRosa
  • David Kernohan

Abstract

This paper examines persistent concerns that trade openness in South-East Europe is much less advanced than it was for the former CEECs in the mid to late 1990s. Using econometric tests, we find that trade patterns appear to remain problematic. Second, partial equilibrium simulations are used to examine different institutional structures. These suggest that the present system of regional ties may do little to stimulate internal trade. In view of this, current plans to extend the Stability Pact matrix of bilateral trade agreements into a pan-regional trade group may be inadequate.

Suggested Citation

  • Dean DeRosa & David Kernohan, 2007. "Blind faith in the Balkans: trade policy options for South-East Europe," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 1(1), pages 53-87.
    • Handle: RePEc:ids:ijepee:v:1:y:2007:i:1:p:53-87
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    Cited by:

    1. Vassilis Monastiriotis, 2008. "Quo Vadis Southeast Europe? EU Accession, Regional Cooperation and the need for a Balkan Development Strategy," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 10, Hellenic Observatory, LSE.

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