Capitalist junctures: Explaining economic openness in the transition countries
In: European journal of political research: official journal of the European Consortium for Political Research, Band 45, Heft 3, S. 467-498
ISSN: 0304-4130
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In: European journal of political research: official journal of the European Consortium for Political Research, Band 45, Heft 3, S. 467-498
ISSN: 0304-4130
In: Communist and post-communist studies, Band 36, Heft 2, S. 231-243
ISSN: 0967-067X
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, further demonstrates important exceptions to this trend. The comparison of the ELITE indicators with alternative measurements of economic openness indicates the need to move towards more refined analyses of the political economy of the transition process.
In: Communist and post-communist studies, Band 36, Heft 2, S. 231-243
ISSN: 0967-067X
This article presents new measures of foreign economic openness in transition countries that allow us to distinguish between non-tariff barriers to trade & capital controls. We argue that this distinction is important for the analysis of foreign economic relations in the postcommunist world. While most states have lowered barriers to trade since 1993, they have 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 & exchange restrictions & encompasses 24 transition countries -- further demonstrates important exceptions to this trend. The comparison of the ELITE indicators with alternative measurements of economic openness indicates the need to move toward more refined analyses of the political economy of the transition process. 2 Tables, 4 Figures, 10 References. Adapted from the source document.
In: Communist and post-communist studies: an international interdisciplinary journal, Band 36, Heft 2, S. 231-243
ISSN: 0967-067X
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