The rapid increase in intra-industry trade (IIT) between the EU15 and Central, Eastern and South-Eastern European (CESEE) countries after the collapse of the Soviet Union indicates a structural change in the nature of trade in CESEE and a new process of transition and real convergence to the EU....

We investigate the effects of regional and industry?wide foreign presence and foreign direct investment (FDI) on export volumes of Ukrainian manufacturing firms using unpublished panel data from 1996?2000. Foreign presence through FDI may have negative competition effects on domestic firms?...

Despite their common legacy of central planning and of a new beginning in the ’90s, transition countries have achieved different export performances. Although there is not a consensus among economists on the dimension of exports impact on economic growth, the non-performance or poor...

The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small national enterprises and entrepreneurs, a second large...

There is a large literature on innovation contribution to productivity for EU countries including CEE states. At the same time very little is known about CIS countries. We apply the same framework and select the same period (2004-2006) to make our study comparable. The modified CDM model...

We investigate the effects of regional and industry-wide foreign presence and foreign direct investment (FDI) on export volumes of Ukrainian manufacturing firms using unpublished panel data from 1996-2000. Foreign presence through FDI may have negative competition effects on domestic firms'...

Since the 1998 financial crisis the Russian economy has been growing rapidly, and seems set to go on doing so in the coming years, recording healthy balance of trade surpluses and surpluses on the public sector accounts. At the same time, under President Putin, market-type reforms have gained...

Previous studies characterize some of the Former Soviet Central Asian countries (CACs) as “more open” (Kazakhstan, Kyrgyzstan) and others as “more isolated” (Tajikistan, Turkmenistan and Uzbekistan) depending on their trade-over-GDP level. Being an open or isolationist economy has...

Import liberalization forms part and parcel of trade reforms in transition economies. There are, however, significant differences among post-communist countries in the degree of import liberalization. What factors govern the evolution of import tariff policy during the transition period? This...

This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...