Babetskii, Ian; Babetskaia-Kukharchuk, Oxana; Raiser, Martin - European Bank for Reconstruction and Development (EBRD) - 2003
This paper investigates the extent of integration of the transition economies into the world economy. We find that south-eastern Europe (SEE) and the Commonwealth of Independent States (CIS) trade significantly less with the world economy than the accession countries. We use a gravity model to...
