Changing Trade Patterns after Conflict Reslution in the South Caucasus

Changing Trade Patterns after Conflict Reslution in the South Caucasus

Author: Evgeny Polyakov

Publisher: World Bank Publications

Published: 2001

Total Pages: 48

ISBN-13:

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Peace in the South Caucasus will improve the region's economies in different ways. How much they will benefit depends on the strength of their supply response to demand in opening markets. The poor business environment and incomplete industrial restructuring act as constraints on export performance.


Trade and Production Fragmentation

Trade and Production Fragmentation

Author: Bart?omiej Kami?ski

Publisher: World Bank Publications

Published: 2001

Total Pages: 80

ISBN-13:

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The unprecedented globalization of the production process, dividing up the value chain, has brought the integration of trade and the disintegration of production, with deep implications for the international division of labor. Have Central European economies been able to readjust their production structures to international markets? Three of them: Estonia, Hungary, and Slovakia have done especially well.


Fear, Weakness and Power in the Post-Soviet South Caucasus

Fear, Weakness and Power in the Post-Soviet South Caucasus

Author: K. Oskanien

Publisher: Springer

Published: 2013-10-24

Total Pages: 415

ISBN-13: 1137026766

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This book provides a multi-level analysis of international security in the South Caucasus. Using an expanded and adapted version of Regional Security Complex Theory, it studies both material conditions and discourses of insecurity in its assessment of the region's possible transition towards a more peaceable future.


The Security of the Caspian Sea Region

The Security of the Caspian Sea Region

Author: Gennadiĭ Illarionovich Chufrin

Publisher: Stockholm International Peace Research Institute

Published: 2001

Total Pages: 400

ISBN-13: 9780199250202

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Published in association with the Stockholm International Peace Research Institute.


Holding-Together Regionalism: Twenty Years of Post-Soviet Integration

Holding-Together Regionalism: Twenty Years of Post-Soviet Integration

Author: Alexander Libman

Publisher: Springer

Published: 2012-09-27

Total Pages: 281

ISBN-13: 1137271132

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An in-depth analysis of one of the most important and complex issues of the post-Soviet era, namely the (re-)integration of this highly interconnected region. The book considers the evolution of 'holding-together' groups since the collapse of the Soviet Union in 1991, looking at intergovernmental interaction and informal economic and social ties.


Trade Performance and Regional Integration of the CIS Countries

Trade Performance and Regional Integration of the CIS Countries

Author: Lev M. Freinkman

Publisher: World Bank Publications

Published: 2004-01-01

Total Pages: 88

ISBN-13: 9780821358962

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This paper sets out a detailed quantitative analysis, based on standard econometric models, of the trade trends in the CIS countries, focusing on its low-income members; as well examining the nature of the existing CIS intra-bloc trade. Findings include that overall, progress in the trade area was slower in the low-income economies (CIS-7) than in the higher income CIS members, reflected in lower overall export level and slower export growth, a higher trade deficit, and a lower share of manufacturing exports. On balance, the CIS free trade area is a beneficial, trade-facilitating bloc, although the potential benefits of CIS trade integration remain badly underutilised.


Financial Development and International Trade

Financial Development and International Trade

Author: Thorsten Beck

Publisher: World Bank Publications

Published: 2001

Total Pages: 46

ISBN-13:

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Economies with better developed financial sectors have a comparative advantage in manufacturing industries. A two-sector model shows the sector with large scale economies profiting more than the other from a well-developed financial sector. In countries with higher levels of financial development, manufactured exports represent a higher share of GDP and of merchandise exports, and those countries have a higher trade balance in manufactured goods.


Exchange Rate Risk Management

Exchange Rate Risk Management

Author: George Allayannis

Publisher: World Bank Publications

Published: 2001

Total Pages: 50

ISBN-13:

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In a large sample of East Asian nonfinancial corporations, firms using foreign currency derivatives had distinctive characteristics, such as larger size and foreign debt exposures. Unlike in studies of U.S. firms, there was only weak evidence that liquidity-constrained firms with greater growth opportunities hedged more. Firms appeared to use foreign earnings as a substitute for hedging with derivatives, and to engage in "selective" hedging. There was no evidence that East Asian firms eliminated their foreign exchange exposure by using derivatives. And firms using derivatives before the crisis performed just as poorly as nonhedgers during the crisis.