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Inward Processing Trade And The Romanian Foreign Trade

  • Georgescu, George

    (Institute of National Economy, Romanian Academy, Bucharest)

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.

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Article provided by Institute for Economic Forecasting in its journal Journal for Economic Forecasting.

Volume (Year): (2003)
Issue (Month): 4 (December)
Pages: 112-122

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Handle: RePEc:rjr:romjef:v::y:2003:i:4:p:112-122
Contact details of provider: Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172
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  1. Robert C. Feenstra, . "Integration Of Trade And Disintegration Of Production In The Global Economy," Department of Economics 98-06, California Davis - Department of Economics.
  2. Lemoine, Françoise, 1998. "Integrating Central and Eastern Europe In the European Trade and Production Network," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt5r66s4ng, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
  3. Robert Feenstra & Gordon Hanson, 2001. "Global Production Sharing and Rising Inequality: A Survey of Trade and Wages," NBER Working Papers 8372, National Bureau of Economic Research, Inc.
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