Two Sides of Economic Openness : non-Tariff Barriers to Trade and Capital Controls in Transition Countries, 1993-2000

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2002
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Bodenstein, Thilo
Plümper, Thomas
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Communist and Post-Communist Studies. 2002, 36, pp. 231-243. Available under: doi: 10.1016/S0967-067X(03)00027-8
Zusammenfassung

This article presents new measures of foreign economic openness in the transition countries that allow us to distinguish between non-tariff barriers to trade and capital controls. We argue that this distinction is important for the analysis of foreign economic relations in the postcommunist world. While most states lowered barriers to trade since 1993, they increased the number of capital controls, which had been low at the beginning of the transition process. The ELITE (Economic Liberalization in the Transition Economies) data set, which is based on the IMF statistics on exchange arrangements and exchange restrictions and encompasses 24 transition countries, furthermore demonstrates important exceptions to this trend. The comparison of the ELITE indicators with alternative measures of economic openness indicates the need to move towards more fine-grained analyses of the political economy of the transition process.

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320 Politik
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Economic openness, Non-tariff barriers to trade, Capital controls, Regulation, EBRD
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ISO 690BODENSTEIN, Thilo, Thomas PLÜMPER, Gerald SCHNEIDER, 2002. Two Sides of Economic Openness : non-Tariff Barriers to Trade and Capital Controls in Transition Countries, 1993-2000. In: Communist and Post-Communist Studies. 2002, 36, pp. 231-243. Available under: doi: 10.1016/S0967-067X(03)00027-8
BibTex
@article{Bodenstein2002Sides-4186,
  year={2002},
  doi={10.1016/S0967-067X(03)00027-8},
  title={Two Sides of Economic Openness : non-Tariff Barriers to Trade and Capital Controls in Transition Countries, 1993-2000},
  volume={36},
  journal={Communist and Post-Communist Studies},
  pages={231--243},
  author={Bodenstein, Thilo and Plümper, Thomas and Schneider, Gerald}
}
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