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Opening Up and Geographic Diversification of Trade in Transition Economies

This paper looks at the progress in transition and the geographic diversification of trade, focusing on two issues--the degree of trade openness and trade integration--for a sample of countries in transition. It concludes that about half of the group of countries sampled are becoming as open as simi...

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Bibliographic Details
Main Author: Havrylyshyn, Oleh
Other Authors: Al-Atrash, Hassan
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:IMF Working Papers
Subjects:
Econometrics
Empirical Studies Of Trade
Trade: Forecasting And Simulation
Exchange Rates
Trade Balance
Balance Of Trade
Trade: General
International Economics
Econometric Models
International Trade
Currency
Econometric Modeling: General
Foreign Exchange
Exports And Imports
Real Effective Exchange Rates
Econometrics & Economic Statistics
Economic Integration
Comparative Studies Of Countries
Econometric Analysis
Gravity Models
Exports
Russian Federation
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper looks at the progress in transition and the geographic diversification of trade, focusing on two issues--the degree of trade openness and trade integration--for a sample of countries in transition. It concludes that about half of the group of countries sampled are becoming as open as similar market economies, but that many others remain relatively closed. Geographic diversification (to the European Union) is found to be greater the closer is geographic proximity and the more advanced the country is with reforms. The analysis is then extended, in an illustrative way, to show how much larger would be the share of exports to the EU if structural reforms were more ambitious
Physical Description:27 pages
ISBN:9781451921267

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