nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2015‒07‒18
two papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Kazakhstan’s membership of the Eurasian CustomsUnion: Implications for trade and WTO accession By Adam Heal; Teodora Mladenovic
  2. Aufwind im Westen Mittel-, Ost- und Südosteuropas: Wichtige Wachstumsimpulse für Österreich By Mario Holzner

  1. By: Adam Heal (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)); Teodora Mladenovic (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))
    Abstract: This policy brief provides information including that Kazakhstan joined the Eurasian Customs Union (ECU) with Russia and Belarus in 2010 leading to changes in Kazakhstan’s tariff schedule and non-tariff measures (NTMs).By 2015, tariffs will nearly have doubled on a trade-weighted basis from 2009.NTMs have also become more trade restrictive. This has led to some trade diversion towards ECU partners and away from other trading partners, in particular the European Union and China. In addition, Kazakhstan has been negotiating World Trade Organization (WTO) membership since 1996. Eurasian Customs Union membership has further complicated negotiations over WTO accession.
    Keywords: Eurasian Customs Union, economic diversification, tariff, tariff-rate quotas
    JEL: F1
    Date: 2014–06
    URL: http://d.repec.org/n?u=RePEc:unt:arpobr:apb39&r=cis
  2. By: Mario Holzner (The Vienna Institute for International Economic Studies, wiiw)
    Abstract: Zusammenfassung Aufwind im Westen der MOSOEL In den mittel-, ost- und südosteuropäischen Ländern (MOSOEL) klafft der Ausblick für das Wirtschaftswachstum auch weiterhin auseinander für die meisten der neuen EU-Mitgliedstaaten (NMS) wird eine langsame Beschleunigung des BIP-Wachstums beginnend mit diesem Jahr erwartet. Für 2015 soll das Wachstum durchschnittlich auf 3% ansteigen, um 0,2 Prozentpunkte mehr als im Vorjahr. Die Erholung erfolgt um ein Jahr früher als erwartet. Wesentlicher Faktor ist die bessere Entwicklung in der Eurozone. Auch am Westbalkan wird eine (wenn auch weniger dynamische) Verbesserung der Wachstumsaussichten für die gesamte Prognoseperiode 2015-2017 erwartet. Die wirtschaftliche Entwicklung 2015 in Weißrussland, Kasachstan, Russland und der Ukraine wird düster ausfallen und zum Teil noch schlechter sein als bisher erwartet. Für diese Länder sind die mittelfristigen Wirtschaftsaussichten auch mit substantiellen Risiken behaftet. Insgesamt sollte aber das verstärkte Wachstum in den MOSOEL für die österreichische Wirtschaft als Nachfrageimpuls dienen. Insbesondere die NMS sind für Österreich von zunehmender Bedeutung.   English Summary Western CESEE countries in the ascendant The outlook for GDP growth in the Central, East and Southeast Europe (CESEE) region remains divergent we expect a gradual acceleration of GDP growth for most of the EU’s new Member States (NMS) starting this year. For 2015 growth is expected to increase to 3% on average, by 0.2 pp more as compared to last year. The recovery comes a year earlier than expected mainly based on favourable developments in the euro area. In the Western Balkans growth prospects will also improve over the whole forecast period 2015-2017, though slightly less dynamically. Growth performance in Belarus, Kazakhstan, Russia and Ukraine in 2015, however, will be dismal and partly worse than expected; the medium-term outlook for these countries is also fairly uncertain with considerable downside risks. Overall though, we should expect stronger CESEE growth to act as a demand stimulus for the Austrian economy. The NMS in particular are of increasing importance for Austria.
    Keywords: macroeconomic analysis, international trade, competitiveness, consumption, investment, savings, global financial crisis
    JEL: E20 F34 G01 O52 O57 P24 P27 P33 P52
    Date: 2015–07
    URL: http://d.repec.org/n?u=RePEc:wii:ratpap:rpg:2015-07&r=cis

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