Industrial restructuring in transitional Baltic Sea Region countries (Baltic States, Kaliningrad oblast)
This paper analyses recent trends in industrial development in the Baltic Sea transition countries. The heavy industry collapsed during the first half of 1990s in most former socialist countries. However, since the second half of 1990s the industrial output, export, productivity and even employment (in some branches) has been increased remarkably. And instead of a de-industrialisation, which has been general trend in Western Europe since 1970s, we may speak about a re-industrialisation. Foreign investors have played major role in the restructuring and efficiency growth of manufacturing in transitional economies. The rising importance of foreign investors and the growing export and re-export to other BSR countries are showing, that the industries in transitional countries are becoming more and more integrated to developed BSR countries. Still, especially textiles and electronics that are concentrated on relatively low-skilled subcontracting are characterised by a sharp rise in re-exports. Hypothetically, when considering the price convergence in the case BSR transition countries joining the European Union, those low value added booming industries can run into crisis soon and relocate the production to further cheaper regions in Russia or South-East Asia. The empirical part analyses recent industrial development trends (employment structure, exports, investments) in three Baltic countries and Kaliningrad oblast. Finally, I try to compare the industrial restructuring within particular clusters in Estonia and Kaliningrad oblast using statistics and interviews. Key words: regional integration, transitional economies, industrial development
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.:
- Ramana Ramaswamy & Bob Rowthorn, 1997. "Deindustrialization; Causes and Implications," IMF Working Papers 97/42, International Monetary Fund.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa03p505. 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: (Gunther Maier)
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.