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Some Aspects of Recent Trade Developments in South-East Europe


  • Vitalija Gaucaite-Wittich

    () (United Nations Economic Commission for Europe)


This paper aims to provide some insight into the changing potential of trade for the south-east European countries, including Turkey. The study presents a comprehensive analysis of changes in south-east European trade flows over the past ten years (1995-2004) and investigates the region’s factor endowments. It also draws attention to policy measures aimed at addressing challenges in the increasingly competitive global economy. On most of these issues the study draws a comparison with the pre-accession experience of the new EU member countries from eastern Europe (EU-8). The study stresses the importance of openness to trade for the economic development of the region and the need to work together within cooperative arrangements.

Suggested Citation

  • Vitalija Gaucaite-Wittich, 2005. "Some Aspects of Recent Trade Developments in South-East Europe," ECE Discussion Papers Series 2005_6, UNECE.
  • Handle: RePEc:ece:dispap:2005_6

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    File Function: First version, 2005
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    References listed on IDEAS

    1. Svensson, Lars E. O., 1999. "Inflation targeting as a monetary policy rule," Journal of Monetary Economics, Elsevier, vol. 43(3), pages 607-654, June.
    2. De Broeck, Mark & Slok, Torsten, 2006. "Interpreting real exchange rate movements in transition countries," Journal of International Economics, Elsevier, vol. 68(2), pages 368-383, March.
    3. Shleifer, Andrei, 2000. "Inefficient Markets: An Introduction to Behavioral Finance," OUP Catalogue, Oxford University Press, number 9780198292272, June.
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    More about this item


    South-east Europe; Western Balkans; international trade; factor intensity; revealed comparative advantage;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies


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