Mazhikeyev, Arman; Edwards, T. Huw - School of Business and Economics, Loughborough University - 2013
By looking at post colonial trade relationships of the world countries for period of 1948-2006, Head and Mayer (HM [Head et al. (2010)]) conclude that a country's trade with the colonizer, typically, erodes by 60% after 30 years of independence. However, the CAR (Central Asian Republics(CAR)...