 Trade in Services in the Central and East European CountriesNo 274, wiiw Research Reports from The Vienna Institute for International Economic Studies, wiiw Abstract: Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension it is a helpful means in the modernization process of the CEE economies whose (producer) services, as of 1989, were far from the development level typical of well-functioning market economies. The first part of the present paper gives a theoretical and empirical overview of the services trade in eight CEECs, highlighting their strengths and weaknesses. The second part of the paper focuses on the services trade of the Czech Republic, Hungary and Poland with the EU in general and Austria in particular, thus also allowing for an examination of the advantages and disadvantages Austria has vis-à-vis the EU in trading services with the CEECs. Keywords: Central and East European countries; foreign trade; trade in services; balances of payments (search for similar items in EconPapers) Published as wiiw Research Report Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wii:rpaper:rr:274 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in wiiw Research Reports from The Vienna Institute for International Economic Studies, wiiw Contact information at EDIRC. |
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