CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CE...CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO (World Trade Organization). As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.展开更多
Neo-merchantalism is the use of national currency in international trade among countries to increase global trade. This is called as open currency in the study. Neo-merchantalism also includes open trade to facilitate...Neo-merchantalism is the use of national currency in international trade among countries to increase global trade. This is called as open currency in the study. Neo-merchantalism also includes open trade to facilitate trade among countries. Thirdly, neo-merchantalism covers International Monetary Fund (IMF). Because IMF regulates and controls money flow among countries in international trade, neo-merchantalism could be presented as follows: neo-merchantalism = open trade + open currency + IMF. Open trade and open currency exist in merchantalism theory. But today, there is also IMF control. Therefore, neo-merchantalism = merchantalism + IMF. Globalism started in 1990 in global markets. It increased the amount of global trade from 13 trillion dollars to 60 trillion dollars. Therefore, each country has 6%-7% economic growth in global markets in the 2000s. It is expected that neo-merchantalism theory doubles global trade up to 100 trillion dollars. Because each country uses its money to do intemational trade, IMF's restrictions are important in currency flow, as countries may overprint their money to do more trade that increases inflation rate in global economies. For example, emission of United States (US) dollars increased 50% after 2008 crises in American economy. Therefore, the Federal Reserve aims to stop quantitative enlargement policy in order to impede inflation in American economy. In neo-merchantalism, IMF can restrict money print and currency flow according to country's gross domestic product (GDP), because quantity theory in economy requires that a country can issue its national currency according to its national GDP.展开更多
China's Premier Li Keqiang of the State Council,together with World Bank Group (WBG)President Jim Yong Kim,International Monetary Fund (IMF)Managing Director Christine Lagarde,World Trade Organization (WTO)Directo...China's Premier Li Keqiang of the State Council,together with World Bank Group (WBG)President Jim Yong Kim,International Monetary Fund (IMF)Managing Director Christine Lagarde,World Trade Organization (WTO)Director-General Roberto Azevedo,Organization for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria,Financial Stability Board (FSB) Chairman Mark Carney and International Labor Organization (ILO) Deputy Director-General Deborah Greenfield (hereinafter referred to as "we"),held the "1+6"Roundtable in Beijing,and reached the following common understanding.展开更多
文摘CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO (World Trade Organization). As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.
文摘Neo-merchantalism is the use of national currency in international trade among countries to increase global trade. This is called as open currency in the study. Neo-merchantalism also includes open trade to facilitate trade among countries. Thirdly, neo-merchantalism covers International Monetary Fund (IMF). Because IMF regulates and controls money flow among countries in international trade, neo-merchantalism could be presented as follows: neo-merchantalism = open trade + open currency + IMF. Open trade and open currency exist in merchantalism theory. But today, there is also IMF control. Therefore, neo-merchantalism = merchantalism + IMF. Globalism started in 1990 in global markets. It increased the amount of global trade from 13 trillion dollars to 60 trillion dollars. Therefore, each country has 6%-7% economic growth in global markets in the 2000s. It is expected that neo-merchantalism theory doubles global trade up to 100 trillion dollars. Because each country uses its money to do intemational trade, IMF's restrictions are important in currency flow, as countries may overprint their money to do more trade that increases inflation rate in global economies. For example, emission of United States (US) dollars increased 50% after 2008 crises in American economy. Therefore, the Federal Reserve aims to stop quantitative enlargement policy in order to impede inflation in American economy. In neo-merchantalism, IMF can restrict money print and currency flow according to country's gross domestic product (GDP), because quantity theory in economy requires that a country can issue its national currency according to its national GDP.
文摘China's Premier Li Keqiang of the State Council,together with World Bank Group (WBG)President Jim Yong Kim,International Monetary Fund (IMF)Managing Director Christine Lagarde,World Trade Organization (WTO)Director-General Roberto Azevedo,Organization for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria,Financial Stability Board (FSB) Chairman Mark Carney and International Labor Organization (ILO) Deputy Director-General Deborah Greenfield (hereinafter referred to as "we"),held the "1+6"Roundtable in Beijing,and reached the following common understanding.