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date: 25 June 2022

Abstract and Keywords

This article discusses trade policy in the European Transition Economies. The countries covered are the Eastern European countries that became independent in 1989, the new nations formed by the breakup of former Yugoslavia, the countries west of the Ural that formerly were part of the Soviet Union, and Russia. It adds up to twenty-one countries covered over a time period that involves a fundamental transition from planned to market economies. Trade policies have certainly been one of the key reform areas in the transition process. But for many of the countries discussed, it has to be viewed in a broader light of integration with the EU. The article covers historical developments in the region over the past two decades, tariffs, and trade in the region.

Keywords: trade policy, commercial policy, transition economy, Eastern Europe, former Yugoslavia, tariffs

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