IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Post-Soviet Globalization

Listed author(s):
  • van der Hoek, M. Peter

Globalization is not a new phenomenon, but already occurred centuries ago. The first half of the 20th century seems an interruption of the move towards free trade. After World War II, however, the move to free trade resumed and gave rise to a sustained period of high economic growth in most parts of the world. Central and Eastern Europe was an exception because this region formed an almost closed trading bloc. Though CIS countries are still to a large extent dependent on Russia liberalization of external trade in the early 1990s led to a reallocation of trade flows away from Central and Eastern Europe towards the European Union. The Central Planning Bureau (1999) has explored possible future developments by applying a general equilibrium model for the world economy. It has identified four scenarios: 1. The Schumpeterian World, a scenario that is optimistic on economic progress and developing regions emphasizing globalization tendencies and market-oriented policies in the world economy. 2. The Malthusian scenario, which assumes that developing regions are unable to pursue market- and outward-oriented policies. 3. The Developing scenario assuming bleak growth perspectives for the OECD area, but high growth in non-OECD countries at high environmental costs. 4. The Ecological scenario, in which producers and consumers value environmental quality and put less emphasis on economic growth. Because of the differences in underlying assumptions the scenarios produce different outcomes. The results are not predictions, but descriptions of possible future developments on the basis of an applied general equilibrium model of the world economy and various exogenous trends that have been assumed. There seems considerable scope for CIS countries to integrate in the world economy. Continued globalization may further economic growth, while high economic growth harms the environment. However, energy-saving technologies and environmental legislation may affect the outcomes

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
File Function: original version
Download Restriction: no

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6038.

in new window

Date of creation: Sep 2001
Publication status: Published in South African Journal of Economic and Management Sciences 3.4(2001): pp. 412-425
Handle: RePEc:pra:mprapa:6038
Contact details of provider: Postal:
Ludwigstra├če 33, D-80539 Munich, Germany

Phone: +49-(0)89-2180-2459
Fax: +49-(0)89-2180-992459
Web page:

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

in new window

  1. Michael Mussa, 2000. "Factors driving global economic integration," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 9-55.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:6038. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.