Trade creation and trade diversion in the EU periphery; the case of the North East region of Romania

Adrian Bodea ()
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Adrian Bodea: University of A Coruna, Spain and University Alexandru Ioan Cuza of Iasi, Romania

The USV Annals of Economics and Public Administration, 2016, vol. 16, issue 2(24), 78-85

Abstract: Romania’s accession to EU in 2007 represented an important moment for the political and economic future of the country. While many received this act in high spirits, it’s good and important to maintain a critical view on some aspects regarding the consequences of integration. This paper is concerned with the problems regarding trade (namely the phenomena called trade creation and trade diversion) that resulted after 2007 in one of the poorest and most peripheral region of both Romania and EU – the North-East region. Exploring in depth these phenomena, will help us assessing whether the 2007 accession of Romania was good or bad for this region, regarding its trade flows. The importance of this paper is given by the fact that it is the first one to tackle this issue for this region and by the fact that it signals the future candidates for EU membership (like Ukraine and Republic of Moldova) the problems that might occur because of their peripherality after accession.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:16:y:2016:i:2(24):p:78-85

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