Openness, integration and transition: prospects and policies for economies in transition

Nigel Pain (), Ray Barrell and Dawn Holland ()

No 177, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: We survey different strategies in the transition process, and investigate their role in growth prospects. Openness, exchange rate regimes and approaches to trade and capital market liberalisation are examined. Their role in facilitating the diffusion of new products and processes to transition economies is discussed. Policies toward openness and integration have an effect on the ability of economies to attract capital inflows and foreign direct investment. Through these portals they affect trade and growth. Experience in the European transition economies, including East Germany, is examined, as are the Russian Federation and China, and comparisons are drawn. Domestic institutions and the phasing of liberalisation are seen to have a key role in the growth process.

Date: 2001-05
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nsr:niesrd:177

Access Statistics for this paper

More papers in National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research 2 Dean Trench Street Smith Square London SW1P 3HE. Contact information at EDIRC.
Bibliographic data for series maintained by Library & Information Manager ().