Trade Policies and Lithuania's Reintegration Into the Global Economy [electronic resource] / Peter Cornelius.
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TextSeries: IMF Working Papers; Working Paper ; No. 95/138Publication details: Washington, D.C. : International Monetary Fund, 1995Description: 1 online resource (50 p.)ISBN: 1451929978 :ISSN: 1018-5941Subject(s): Foreign Trade | Free Trade Agreements | Free Trade | Trade Shock | World Market | LithuaniaAdditional physical formats: Print Version:: Trade Policies and Lithuania's Reintegration Into the Global EconomyOnline resources: IMF e-Library | IMF Book Store Abstract: The reintegration into the world economy has been an integral part of Lithuania's transformation process. Trade policy reform has been assigned a key role, aiming at opening up the economy and redirecting foreign trade. This paper (i) analyzes the trade shock following the dissolution of the former Soviet Union; (ii) studies the political economy of trade reforms; (iii) evaluates Lithuania's attempts to gain greater access to Western markets, in particular the European Union; and (iv) reviews the empirical evidence on redirecting foreign trade.
The reintegration into the world economy has been an integral part of Lithuania's transformation process. Trade policy reform has been assigned a key role, aiming at opening up the economy and redirecting foreign trade. This paper (i) analyzes the trade shock following the dissolution of the former Soviet Union; (ii) studies the political economy of trade reforms; (iii) evaluates Lithuania's attempts to gain greater access to Western markets, in particular the European Union; and (iv) reviews the empirical evidence on redirecting foreign trade.
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