DP1017 | The Political Economy of Trade Regimes in Central Europe

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31/10/1994

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Abstract

This paper evaluates the robustness of trade liberalization in Central Europe and the role of the Europe Agreements (EAs) in institutionalizing this process. It finds a) that institutions are still fragile in Central Europe; b) that the EAs are not a great force for liberalism (on either side); and c) that there is a danger that trade policy will become submerged by other, apparently more important, issues. In this context abolition of governmental agencies with a stake in free trade is seen as a step in the wrong direction.