Challenges and risks before see trade liberalization | Zendy

Martin K. Dimitrov | Zendy

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Challenges and risks before see trade liberalization

Author(s) -

Martin K. Dimitrov

Publication year - 2003

Publication title -

economic annals

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.148

H-Index - 12

eISSN - 1820-7375

pISSN - 0013-3264

DOI - 10.2298/eka0356101d

Subject(s) - liberalization , memorandum , free trade , memorandum of understanding , merge (version control) , international economics , limiting , international trade , economics , political science , law , engineering , computer science , market economy , mechanical engineering , information retrieval

Potential risks regarding the Memorandum: 1 The Memorandum lacks simplicity and standardization. One option for the agreement was to merge in one standard text for all countries, which did not actually happen. 2 Postponed liberalization of several sectors compared to others. This discriminatory progressive liberalization has several negative effects. These tailor-made schedules may remove the immediate problems of pressure groups asking the government to be the last one liberalized, but they can impose high pressure later. As the products, which are liberalized late, E co n om ic A n n al s n o 15 6, J an u ar y 20 03 M ar ch 2 00 3 101 Martin Dimitrov*

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