Ingrid Matthäus-Maier, J. D. Pischke's EU Accession - Financial Sector Opportunities and Challenges PDF

By Ingrid Matthäus-Maier, J. D. Pischke

ISBN-10: 3540234268

ISBN-13: 9783540234265

A exotic foreign workforce of significant bankers, advertisement bankers, marketers, educational advisors, policymakers, and representatives of improvement finance corporations and donor organisations, introduced jointly by means of KfW, examines during this publication the way forward for monetary area improvement in Southeast Europe. They discover how you can enhance the banking quarter in Southeast Europe, extra advertise SMEs, and increase entry to monetary providers within the quarter. specialists and decision-makers check the possibilities and demanding situations awarded via the european accession technique and Basel II, and offer candid perception into the increasing position of the personal zone in constructing the monetary panorama. The views offered during this booklet will recommended dialogue and highbrow alternate that would function a brand new start line for extra winning cooperative projects.

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A. a. 3 1,3,5,10,15 Source: World Bank (2003); UNECE Country Statistics; EBRD Transition Report Update, May 2003. Note: * plus about 250 specific tariff duties for agricultural products; ** goods only. (a) This column shows each country’s total trade (exports plus imports, X + M) as a fraction of total GDP (Y). (b) Countries vary enormously in their choice of tariff rates. Some, such as Kosovo, apply a uniform tariff to all imports; other set numerous rates, often running into the thousands. Hence the presence in this column of countries setting only three or four rates is very encouraging; simple tariff structures are easier to administer and are less vulnerable to corruption than more complex structures.

IMF (2002c): Czech Republic: 2002 Article IV Consultation – Staff Report, IMF Country Report 02/167, Washington DC: IMF, August. Kornai, János (1980): The Economics of Shortage, 2 vols, Amsterdam: North Holland. Kornai, János (1992): The Socialist System: The Political Economy of Communism, Princeton NJ: Princeton University Press. Kornai, János, Maskin, Eric and Roland, Gérard (2002): “Understanding the Soft Budget Constraint,” Harvard University Working Paper. Martens, Bertin, Mummett Uwe, Murrell Peter and Seabright, Paul (2002): The Institutional Economics of Foreign Aid, Cambridge: Cambridge University Press.

Hence the presence in this column of countries setting only three or four rates is very encouraging; simple tariff structures are easier to administer and are less vulnerable to corruption than more complex structures. To explain the numbers, consider Albania: the tariff bands of 2, 10 and 15% mean that some goods pay an import duty of 2% of the declared border value of the import, some pay a 10% duty, others 15%. The published customs schedule for a given country lists which goods attract each rate of duty.

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EU Accession - Financial Sector Opportunities and Challenges for Southeast Europe by Ingrid Matthäus-Maier, J. D. Pischke


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