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After the Visegrad countries' accession to the EU in 2004, one of the most remarkable developments was the sudden upturn in their mutual trade. In 2007 the value of aggregate intra-Visegrad trade was two and a half times higher than in 2003. The rate of growth in these countries' trade with the...
Persistent link: https://www.econbiz.de/10012100108
The objective of this research is to reexamine the constraints to export supply in ECOWAS countries, mainly in intra-regional trade. To achieve this objective, we use gravity model estimated with the Pseudo-Poisson Maximum Likelihood (PPML) techniques. Our results show that the number of...
Persistent link: https://www.econbiz.de/10013362909
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to output and other shocks originated in the rest of the world. A comparison of two regional economic communities - the East African Community (EAC) and the Southern Africa Customs...
Persistent link: https://www.econbiz.de/10011307406
After the EU accession of the Visegrad countries (the Czech Republic, Hungary, Poland and Slovakia) in 2004 one of the most remarkable developments was a sudden upturn in mutual trade of this region's countries. In 2007 the value of aggregate intra-Visegrad trade was two and a half times higher...
Persistent link: https://www.econbiz.de/10012099998
This paper analyses the causes of the precipitous fall in trade among the twelve CIS countries since 1990; points out the implications for industrial restructuring; and discusses the policy options for regional reintegration. The main finding is that the decline in intra-C!S trade was initiated by...
Persistent link: https://www.econbiz.de/10010261742
Despite more than two decades of economic integration efforts, levels of spatial development inequality remain high within the Southern African Development Community (SADC). Owing to persistent delays in the implementation of the SADC integration agenda, infrastructure connectivity is still...
Persistent link: https://www.econbiz.de/10012424082
We applied the threshold autoregressive and difference-in-differences techniques to examine the effects of adopting a common currency on bilateral trade flows between member states of the Central African Economic and Monetary Community (CEMAC) customs union, over the period from 1980 to 2013. We...
Persistent link: https://www.econbiz.de/10013470704
The aim of the paper is to identify the trade barriers imposed by the Western Balkan countries. All barriers, whether tariff or non-tariff, undoubtedly impede the normal development of trade between countries. Therefore, the paper examines merchandise trade patterns in the Western Balkan region...
Persistent link: https://www.econbiz.de/10014520674
The Association of Southeast Asian Nations (ASEAN) small and medium enterprises (SMEs) are under scrutiny for their engagement in production networks following recent emphasis on increasing intra-regional trade, rebalancing, and inclusive growth in Asia. Using a data set covering 5,900 firms in...
Persistent link: https://www.econbiz.de/10010397280
The East Asian monetary integration process is at the crossroads. Given very benign liquidity conditions in the US, the prevailing common US dollar peg has contributed to growing macroeconomic and financial instability in the region. This has sparked demands to embark on an independent monetary...
Persistent link: https://www.econbiz.de/10010468102