Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90691
Authors: 
Drabek, Zdenek
Brada, Josef C.
Year of Publication: 
1998
Series/Report no.: 
WTO Staff Working Paper ERAD-98-07
Abstract: 
This paper examines the interplay between exchange rate regimes and policies and commercial policy in six transition economies. In all these economies the rate of protection afforded domestic industry by the exchange rate has been eroded by high rates of inflation and insufficient growth in productivity. As a result, there has been pressure on governments to increase trade barriers and each country examined has had recourse to various means of restricting imports. We argue that more flexible management of the nominal exchange rate would be a preferable way of dealing with the real appreciation of these countries' currencies. exchange rates, trade policy, transition economies.
Subjects: 
Elections
political business cycles
fiscal policies
public expenditure
developing countries
JEL: 
P33
F13
F33
Document Type: 
Working Paper

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