Two Sides of Economic Openness : Non-Tariff Barriers to Trade and Capital Controls in Transition Countries , 1993-2000

@inproceedings{Bodenstein2006TwoSO,
  title={Two Sides of Economic Openness : Non-Tariff Barriers to Trade and Capital Controls in Transition Countries , 1993-2000},
  author={Thilo Bodenstein and Thomas Pl{\"u}mper and Gerald Schneider},
  year={2006}
}
This article presents new measures of foreign economic openness in the transition countries that allow us to distinguish between non-tariff barriers to trade and capital controls. We argue that this distinction is important for the analysis of foreign economic relations in the postcommunist world. While most states lowered barriers to trade since 1993, they increased the number of capital controls, which had been low at the beginning of the transition process. The ELITE (Economic Liberalization… CONTINUE READING

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