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2010 | 6 | 3 | 71-74

Article title

EU regional trade vulnerabilities, liberalization and potential lessons for Uzbekistan trade reforms


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The aim of this paper is to present selected experiences of European Union trade liberalization, impact of globalization on vulnerable sectors of the EU. Many such experiences are discussed. Central Asian countries must consider vast amount of data, sector-specific information and aspects and still it will not be easy to say that pursued liberalization is the good direction to a wealthier nation with healthy regions, richer citizens and higher tax income for government. We start with brief introduction discussing primary motivation for European liberalization, then we focus on review selected literature sources, concluding that liberalization in general is a good thing and that there is very high probability of success but no guarantees can be drawn as every country is very specific and all policies must be pursued with high degree of attention and thorough analysis. Based on good EU examples of BFTA and CEFTA we recommend considering multilateral free trade agreement within CIS free trade area.








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  • Faculty of International Tourism, Tashkent State University of Economics, Uzbekistan
  • Prague Development Center s.r.o., Bořivojova 1081 / 40, 130 00, Prague 3 - Žižkov, Czech Republic


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  • Politecnico di Milano University: The impact of globalisation and increased trade liberalisation on European regions, Politecnico di Milano University, 2008 http://ec.europa.eu/regional_policy/ sources/docgener/studies/pdf/impact_liberalisation.pdf
  • Winters, L., McCulloch, N., McKay, A., 2002. “Trade Liberalisation and Poverty: The Empirical Evidence,” Discussion Paper 88, University of Sussex at Brighton

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