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The dissolution of the Soviet Union in 1991 has led to the independence of fifteen new states. Twelve of these, including Ukraine, joined the Commonwealth of Independent States (CIS) whose goal was to form a common economic space with free movement of goods, labor and capital. Twenty five years...
Persistent link: https://www.econbiz.de/10011520823
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three recent disintegration episodes involving the former Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very strong home bias around the time of disintegration,...
Persistent link: https://www.econbiz.de/10010519058
Social protection, especially health care systems for the poor, is essential to reduce inequality. Health-related shocks, such as death or severe sickness, can affect households' budgets significantly and create serious household trauma, leading to higher possibilities of them falling into...
Persistent link: https://www.econbiz.de/10012198463
This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People's Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. To this end, a panel-gravity trade model with...
Persistent link: https://www.econbiz.de/10012131989
Institutional trade barriers constitute substantial constraints for a number of exporters and importers. These barriers are multidimensional and they impede trade flows and trade performance of many developing countries, including African countries. In particular, the International Trade Centre...
Persistent link: https://www.econbiz.de/10012145414
Over the past twenty years, China has become the world's largest trading nation and a significant trading partner for most countries. Despite these important links, concerns regarding China's commercial and diplomatic goals persist due to its unique state-centric economic structure. This paper...
Persistent link: https://www.econbiz.de/10015057575
Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international economic transactions such as migration or international trade flows by imposing hurdles for second language acquisition and increasing transaction costs. To measure these costs, we...
Persistent link: https://www.econbiz.de/10013105123
Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international economic transactions such as migration or international trade flows by imposing hurdles for second language acquisition and increasing transaction costs. To measure these costs, we...
Persistent link: https://www.econbiz.de/10009580162
We investigate whether top managers with personal ties to a foreign country facilitate trade with that country by overcoming bilateral trade barriers that obstruct international business relationships. Using individual managers' nationality, we construct a novel database of bilateral top manager...
Persistent link: https://www.econbiz.de/10012792255
Persistent link: https://www.econbiz.de/10001627516