Challenges for Trade Liberalization and WTO Rules: The Case of Macedonia

Session

Management, Business and Economics

Description

The collapse of communist systems in the Former Soviet Union and the former Yugoslavia, led the way for the states of these systems to the democratic systems of governance and market liberalization. Through this research, we aim to highlight the challenges with which it was faced the Macedonian state and government during the process of market liberalization, with particular emphasis on the costs associated with and during the World Trade Organization (WTO) membership process. Following the analysis of the official reports of the WTO and the Macedonian Statistical Office, as well as the interviews with Macedonian officials, we conclude that the WTO rules and principles have had an impact on: reduction of revenues from customs, domestic businesses and legislative changes in terms of foreign trade.

Keywords:

Liberalization, Trade, WTO, Costs

Session Chair

Edmond Hajrizi

Session Co-Chair

Armend Muja

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-54-7

Location

Durres, Albania

Start Date

28-10-2017 9:00 AM

End Date

28-10-2017 10:30 AM

DOI

10.33107/ubt-ic.2017.254

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Oct 28th, 9:00 AM Oct 28th, 10:30 AM

Challenges for Trade Liberalization and WTO Rules: The Case of Macedonia

Durres, Albania

The collapse of communist systems in the Former Soviet Union and the former Yugoslavia, led the way for the states of these systems to the democratic systems of governance and market liberalization. Through this research, we aim to highlight the challenges with which it was faced the Macedonian state and government during the process of market liberalization, with particular emphasis on the costs associated with and during the World Trade Organization (WTO) membership process. Following the analysis of the official reports of the WTO and the Macedonian Statistical Office, as well as the interviews with Macedonian officials, we conclude that the WTO rules and principles have had an impact on: reduction of revenues from customs, domestic businesses and legislative changes in terms of foreign trade.