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Of Openess and Distance

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  • Katrin Elborgh-Woytek
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    Abstract

    This paper analyzes developments in the structure of trade in the Commonwealth of Independent States (CIS) during the transition decade, and finds that it changed less than in other transition economies. Trade openness of the CIS increased between 1993 and 1997, but has fallen to a lower-level plateau since then owing to regional and country-specific factors. These include slower progress in transition, geographic aspects, restrictions on trade, governance and corruption problems, weak infrastructure, lack of regional cooperation, and political conflicts. Regression results show that trade openness of the CIS countries would likely increase substantially if market-oriented reforms were pursued more vigorously.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 03/207.

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    Length: 28
    Date of creation: 01 Oct 2003
    Date of revision:
    Handle: RePEc:imf:imfwpa:03/207

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    Related research

    Keywords: Trade; Development; trade openness; statistics; statistic; transition economies; equation; regional trade; correlation; world economy; international trade; bilateral trade; trade patterns; trade agreements; trade flows; standard errors; export markets; per capita income; probability; transport services; covariance; transition countries; regional trade agreements; economic cooperation; trade taxes; free trade; economic integration; foreign trade; trade liberalization; political economy; samples; bilateral trade flows; nontariff barriers; world market; open economies; tariff barriers; trading partners; trade barriers; world trade; trade volumes; industry trade; imperfect competition; trading blocs; average import tariff; world trade organization; forecasting; trade arrangements; discriminatory restrictions; trade concessions; import side; independent variable; neighboring countries; transport costs; import tariffs; external shocks; global markets; multilateral agreements; trade area; economic community; discriminatory trade agreements; equations; low trade; export market; national borders; trade partners; trade restrictions; free trade area; trade relations; trade integration; average trade; regression analysis; bilateral agreements; import tariff; free trade zone; geographical isolation; increasing trade; transition periods; non-tariff barriers; independent variables;

    References

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    Cited by:
    1. Lücke, Matthias & Rothert, Jacek, 2006. "Central Asia's comparative advantage in international trade," Kiel Economic Policy Papers 6, Kiel Institute for the World Economy (IfW).

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