The new OECD members and liberalisation

The Czech Republic became a member of the OECD in December 1995, Hungary in May 1996, Poland in November 1996 and Korea in December 1996. For all 4 countries, joining the OECD meant undertaking substantial liberalization commitments, under the OECD instruments, in foreign direct investment, internat...

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Bibliographic Details
Published in:The OECD observer 1997-04, Vol.205 (205), p.38
Main Authors: Ley, Robert, Poret, Pierre
Format: Article
Language:English
Subjects:
Agreements
Banking
Capital
Capital movement
Codes
Economic development
Economic policy
Economic reform
Equity participations
Evaluation
Financial services
Foreign investment
Instruments
International aspects
International economic organizations
International economic relations
Liberalization
Macroeconomics
Manycountries
Modernization
Multinational corporations
Nongovernmental organizations
Policies
Portfolio investments
Services
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Summary:The Czech Republic became a member of the OECD in December 1995, Hungary in May 1996, Poland in November 1996 and Korea in December 1996. For all 4 countries, joining the OECD meant undertaking substantial liberalization commitments, under the OECD instruments, in foreign direct investment, international capital movements and services. These commitments will foster modernization of their economies and the maintenance of sound macroeconomic policies and market-oriented structural reforms.
ISSN:0029-7054
1561-5529