Description
Book SynopsisThis book presents new original research on the main impediments to exports facing transition economies. It specifically addresses questions such as: are the impediments to exports mainly external and demand related, or are they associated more with the conditions of supply? How are governments promoting exports now that their influence over enterprise activity has been reduced? What strategies have enterprises developed to overcome existing barriers to exports? And what role does foreign investment play in the development of competitive export potential?
The authors focus on the export performance of eight small transition economies with special emphasis on the behavior of exporting enterprises. Results of the analysis reveal that in the mid-1990s the companies inherited conditions and their strategies, as well as the domestic economic situation, are more important in determining export performance than characteristics of demand abroad. The authors conclude that exports have played a key role in the transition economies' recent recovery from recession and that further dismantling of remaining impediments will be critical as these economies become more integrated with the Western world.
Trade Growth in Transition Economies will be essential for policymakers, governments and private sector business as well as for academics who analyze trade developments in Central and Eastern Europe and propose relevant policies to tackle impediments to exports.
Trade Review'This book provides a useful interim report on export growth in the STEs. The issues addressed in this book will continue to be of importance, particularly as the STEs attempt to compete in markets for more sophisticated products and to upgrade the quality of exports.'Table of ContentsContents: Introduction and Summary (R.N. Cooper, J. Gács) Part I: Country Studies 1. Bulgaria (R. Dobrinsky, I. Yaneva) 2. Estonia (A. Purju) 3. Hungary (Á. Csermely) 4. Latvia (I. Shteinbuka, A. Cïrule) 5. Romania (V. Pilat, L. Ciocirlan) 6. Slovakia (J. Fidrmuc, J. Fidrmuc) 7. Slovenia (F. Stiblar) Part II: Topical Studies 8. Impediments to the Recovery of Russia’s Trade with East European Small Economies ( V. Drebentsov) 9. Government Policies in Support of Exports in Small Transition Economies (J. Gács) 10. Foreign Direct Investment, Exports, and East–West Integration: Theory and Practice (R.E. Stern) Index
