Trade Performance and Regional Integration of the CIS Countries

Released on by Lev M. Freinkman
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  • Trade Performance and Regional Integration of the CIS Countries Book Detail

  • Author : Lev M. Freinkman
  • Release Date : 2004-01-01
  • Publisher : World Bank Publications
  • Genre : Business & Economics
  • Pages : 88
  • ISBN 13 : 9780821358962
  • File Size : 32,32 MB
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Trade Performance and Regional Integration of the CIS Countries by Lev M. Freinkman PDF Summary

Book Description: This paper sets out a detailed quantitative analysis, based on standard econometric models, of the trade trends in the CIS countries, focusing on its low-income members; as well examining the nature of the existing CIS intra-bloc trade. Findings include that overall, progress in the trade area was slower in the low-income economies (CIS-7) than in the higher income CIS members, reflected in lower overall export level and slower export growth, a higher trade deficit, and a lower share of manufacturing exports. On balance, the CIS free trade area is a beneficial, trade-facilitating bloc, although the potential benefits of CIS trade integration remain badly underutilised.

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As the world marketplace becomes ever more globalized, much is at stake for the prosperity of hundreds of millions of people in Europe and Central Asia as the r