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Inward Processing Trade And The Romanian Foreign Trade

Author

Listed:
  • Georgescu, George

    (Institute of National Economy, Romanian Academy, Bucharest)

Abstract

The paper underlines the importance of the Inward Processing Trade (IPT), supporting it by the standard examples from South East Asia. The author tries to estimate the IPT for the case of Romania using the available data and taking into considerations the benefits both in the long and short run recommends a few policies, like adapting the information and statistical data to the requirements of accurate evaluations of IPT dimensions, introducing fiscal and non-fiscal incentives for the economic actors operating under IPT regime, creating an IPT promoting regime and implementing a supporting strategy for the companies operating under the IPT regime.

Suggested Citation

  • Georgescu, George, 2003. "Inward Processing Trade And The Romanian Foreign Trade," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 112-122, December.
    • Handle: RePEc:rjr:romjef:v::y:2003:i:4:p:112-122
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    Cited by:

    1. Georgescu, George, 2005. "Parametrii macroeconomici în derivă [Economic Parameters Turn Adrift]," MPRA Paper 26319, University Library of Munich, Germany.
    2. Georgescu, George, 2016. "The world trade data distortion and its contagious impact. A brief comment on the WTO “Made in the World” initiative," MPRA Paper 69483, University Library of Munich, Germany.
    3. Georgescu, George, 2014. "International fragmentation of production. Local vulnerabilities and capitalization of heritage values in Romania," MPRA Paper 57255, University Library of Munich, Germany.

    More about this item

    Keywords

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    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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