Collection article | Sammelwerksbeitrag

Trade integration and Croatian accession to the European Union

This paper assesses the trade criteria for EU membership and the extent to which Croatia fulfills those criteria. The relationship between trade criteria and the economic ability to pursue EU accession is discussed and a gravity model of Croatian trade is constructed in order to measure the level of trade diversification achieved in an objective manner. Significant trade biases towards the former Yugoslav republics are found as well as an emerging bias in imports from Central and Eastern European countries (CEEC). Moreover, the process of trade liberalization that was promoted recently did in general not significantly contribute to trade diversification towards countries with which preferential trade agreements had recently been concluded, rather reinforced existing biases, although there are some differences between export and import flows. In order to mitigate the consequences of delays in the integration processes, reduce long-term costs of trade restructuring and encourage the trade integration with the EU necessary for successful accession, Croatia should seek to eliminate the remaining institutional barriers to trade with the EU. Also, the continuation and faster implementation of structural reforms are necessary preconditions for an increase of openness in trade.

Trade integration and Croatian accession to the European Union

Urheber*in: Šošic, Vedran; Vujcic, Boris

Attribution - NonCommercial - NoDerivates 4.0 International

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ISBN
953-6047-58-6
Extent
Seite(n): 61-84
Language
Englisch
Notes
Status: Veröffentlichungsversion; begutachtet

Bibliographic citation
Croatian Accession to the European Union. Vol. 3, Facing the challenges of negotiations

Subject
Wirtschaft
Volkswirtschaftstheorie
internationale Wirtschaftsbeziehungen
Wirtschaftsbeziehungen
Kriterium
Handel
Diversifikation
EU-Beitritt
europäische Integration
Export
postsozialistisches Land
Kroatien
EU
Import
deskriptive Studie

Event
Geistige Schöpfung
(who)
Šošic, Vedran
Vujcic, Boris
Event
Herstellung
(who)
Ott, Katarina
Event
Veröffentlichung
(who)
Institute of Public Finance, Zagreb
Friedrich-Ebert-Stiftung Kroatien
(when)
2005

URN
urn:nbn:de:0168-ssoar-61393
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:27 PM CEST

Data provider

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Object type

  • Sammelwerksbeitrag

Associated

  • Šošic, Vedran
  • Vujcic, Boris
  • Ott, Katarina
  • Institute of Public Finance, Zagreb
  • Friedrich-Ebert-Stiftung Kroatien

Time of origin

  • 2005

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