Regional Integration and Baltic Trade and Investment Performance

December 1, 1997

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Format: Chicago

Robert L. Sharer Regional Integration and Baltic Trade and Investment Performance, (USA: International Monetary Fund, 1997) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper analyzes the role of regional arrangements in trade and foreign direct investment (FDI) performance in the Baltics. While progress with transition is a key determinant of trade and FDI performance, regional arrangements with Western Europe have helped develop trade and transfer of technology, but have not yet led to export-related foreign direct investment toward the European Union. The main reasons for this are policy uncertainties, need for more progress with transition, and restrictions in the trade agreements, especially on the European Union side. Intra-Baltic integration has not yet led to substantial trade and FDI growth between the Baltics.

Subject: Balance of payments, Exports, Foreign direct investment, International trade, Trade barriers, Trade liberalization, Trade policy

Keywords: Baltic trade, Baltics, EU agreement, EU concession, EU export, EU market, EU membership, EU trade, EU-EFTA-Baltic-Bulgaria-Romania cumulation, Europe, Exports, Foreign direct investment, Free trade, Hub-and-spoke system, Protection level, Protectionist trade regime, Trade barriers, Trade liberalization, Trade openness, Trade policy, Western Europe, WP

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1997/167
Stock No:

WPIEA1671997
ISBN:

9781451858143
ISSN:

1018-5941

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