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From 1980-2009 the Polish economy experienced structural dislocation. The growth and success of the Solidarity movement represented the shift in manufacturing from Soviet bloc trade to membership in the European Union. This paper examines four independent metrics that measure the changing...
Persistent link: https://www.econbiz.de/10009650275
To date there does not exist one a generally acceptable measure or index of Specialization in International Trade. Development Economic Theory embraces the expectation of a direct relationship between economic growth and export diversification. However, International Trade Theory supports the...
Persistent link: https://www.econbiz.de/10008837643
This paper analyses the patterns of Montenegrin specialization and trade since its independence in 2006. The paper answers the questions how Montenegrin trade patterns have changed since its newly acquired independence. How were these changes affected by, and in turn how did they affect the...
Persistent link: https://www.econbiz.de/10010896916
Montenegro, newly independent since 2006, saw its commodity exports collapse in the worldwide financial crisis of 2008. It took three years for the volume of its exports to recover. Using one to four-digit Standard Industrial Trade Classification (SITC) commodity trade data, this paper analyzes...
Persistent link: https://www.econbiz.de/10010822932
Development economists agree that increasing export diversification is a concomitant to economic development. An accepted explanation for Africa’s export stagnation is its dependence on monoculture, and on small number of commodities. Recently a large body of literature focuses on the...
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