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Trade in the new independent states
 
Author:Michalopoulos, Constantine; Tarr, David G. [editors]; Collection Title:Studies of economies in transformation ; no. 13
Country:Moldova; Latvia; Estonia; Ukraine; Lithuania; Uzbekistan; Kyrgyz Republic; Russian Federation; Date Stored:2011/11/24
Document Date:1995/06/01Document Type:Publication
SubTopics:Environmental Economics & Policies; Trade and Services; Economic Theory & Research; Free Trade; Trade PolicyLanguage:Russian
Major Sector:(Historic)Economic PolicyRegion:Europe and Central Asia
Report Number:13810Sub Sectors:(Historic)Trade
Volume No:1 of 1  

Summary: All fifteen of the new independent states established in the economic space of the former Soviet Union have embarked on economic reforms each at a different pace and on a different scale. All have experienced substantial declines in output and trade. Their heavy economic interdependence, its roots in the centralized state planning system of the Soviet Union, has intensified the linked contraction in output and trade. This volume explores the factors that have contributed to these declines and identifies policies for restoring trade and output and promoting fuller integration with the world trading community. This volume focuses on eight countries (Ukraine, Latvia, Lithuania, Moldova, Kyrgyz Republic, Uzbekistan, Estonia, and Russia) and provides an analysis of the obstacles to expanding exports to OECD markets. The volume: 1) offers an overview of trends in trade and payments and examines the different policy regimes that evolved in the eight countries and the key factors responsible for the collapse of trade; 2) discusses the institutional changes that the new independent states need to put in place to improve their prospects for integrating into the world trading community; 3) addresses the steps OECD countries can take to improve access to world markets for the new independent states; and 4) offers conclusions and recommendations about the courses of action governments could pursue to increase trade and stimulate growth.

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