III. Sectoral and Employment Effects of the Opening Up of Eastern Europe
Author:
Peter Dittus
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Palle S. Andersen
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Language:
English
Print Publication Date:
15 Aug 1997
Keywords:
BOOK; inflation risk; OECD Europe; NAFTA debate; producer-interest specific; investment goods; nominal exchange rate; import competition; employment effect; trade growth; export share; import penetration; Exports; Unemployment; Imports; Manufacturing; Eastern Europe; Europe; Western Europe

Abstract

“Policy makers will face great pressure to subsidize, or failing that, to protect the manufacturing sectors under threat. It would be a critical mistake to yield to this pressure…. For the developing countries, being squeezed out of their export markets would stymie their growth potential. Such a setback would expose the vulnerability of new democracies in Eastern Europe” (Brown and Julius 1993).

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Cover Western Europe in Transition
Western Europe in Transition
Impact of Opening Up Eastern Europe
ISBN:
9781451954500
Publication Date:
15 Aug 1997
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451954500.071
Pages:
190