Trade Performance and Regional Integration of the CIS Countries

The study provides a detailed quantitative analysis, based on standard econometric models, of the trends and the configuration of trade of the CIS countries, with an emphasis on its low income members. It also contains an analysis of the CIS countr...

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Main Authors:	Freinkman, Lev, Polyakov, Evgeny, Revenco, Carolina
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	TRADE PERFORMANCE FREE TRADE AGREEMENTS TRANSIT IMPORTS EMPLOYMENT EXPORTS TARIFFS TRADE DATA INTERCHANGE INDUSTRY CUSTOMS APPLIED TARIFF AVERAGE TRADE BENCHMARKS BENEFICIAL BILATERAL FREE TRADE AGREEMENTS BLOC TRADE BOXES CENTRAL GOVERNMENTS CENTRAL PLANNING CERTIFICATE OF ORIGIN CIF COMMODITY COMPARATIVE ADVANTAGE COUNTRY OF ORIGIN CUSTOMS CUSTOMS PROCEDURES DELIVERIES DISTRIBUTION CENTERS DOUBLE TAXATION ECONOMETRIC MODELS ECONOMIC COOPERATION ECONOMIC SIZE ECONOMIES OF SCALE EXCHANGE RATE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS FOREIGN DIRECT INVESTMENT FREE ACCESS FREE TRADE FREE TRADE AREA FREIGHT GDP GLOBAL MARKETS GRAVITY MODEL GROSS DOMESTIC PRODUCT HARMONIZED SYSTEM IMPORT STATISTICS IMPORT TARIFFS INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRY TRADE INSURANCE INTERNATIONAL PRICES INTERNATIONAL TRADE LDCS MANUFACTURING MARKET PRICES MUTUAL RECOGNITION MUTUAL RECOGNITION OF STANDARDS OIL OPENNESS PURCHASING POWER REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS REGIONAL TRADE INTEGRATION REGIONALISM RESTRICTIVE RULES OF ORIGIN ROAD TRANSPORT SPECIALIZATION TARIFF RATE TRADE TRADE AGREEMENT TRADE BALANCE TRADE CLASSIFICATION TRADE DATA TRADE DEFICIT TRADE DEFICITS TRADE DEFLECTION TRADE DIVERSIFICATION TRADE FLOWS TRADE INDICATORS TRADE INTEGRATION TRADE OPENNESS TRADE PATTERNS TRADE POLICY TRADE REGIME TRADE VOLUMES TRADE WARS TRADING BLOCS TRANSPORT COSTS VALUATION VALUE ADDED VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO
Online Access:	http://documents.worldbank.org/curated/en/2004/06/5044196/trade-performance-regional-integration-cis-countries http://hdl.handle.net/10986/14933

id	okr-10986-14933
recordtype	oai_dc
spelling	okr-10986-149332021-04-23T14:03:12Z Trade Performance and Regional Integration of the CIS Countries Freinkman, Lev Polyakov, Evgeny Revenco, Carolina TRADE PERFORMANCE FREE TRADE AGREEMENTS TRANSIT IMPORTS EMPLOYMENT EXPORTS TARIFFS TRADE DATA INTERCHANGE TRADE PERFORMANCE INDUSTRY CUSTOMS APPLIED TARIFF AVERAGE TRADE BENCHMARKS BENEFICIAL BILATERAL FREE TRADE AGREEMENTS BLOC TRADE BOXES CENTRAL GOVERNMENTS CENTRAL PLANNING CERTIFICATE OF ORIGIN CIF COMMODITY COMPARATIVE ADVANTAGE COUNTRY OF ORIGIN CUSTOMS CUSTOMS PROCEDURES DELIVERIES DISTRIBUTION CENTERS DOUBLE TAXATION ECONOMETRIC MODELS ECONOMIC COOPERATION ECONOMIC SIZE ECONOMIES OF SCALE EMPLOYMENT EXCHANGE RATE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS FOREIGN DIRECT INVESTMENT FREE ACCESS FREE TRADE FREE TRADE AGREEMENTS FREE TRADE AREA FREIGHT GDP GLOBAL MARKETS GRAVITY MODEL GROSS DOMESTIC PRODUCT HARMONIZED SYSTEM IMPORT STATISTICS IMPORT TARIFFS IMPORTS INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRY TRADE INSURANCE INTERNATIONAL PRICES INTERNATIONAL TRADE LDCS MANUFACTURING MARKET PRICES MUTUAL RECOGNITION MUTUAL RECOGNITION OF STANDARDS OIL OPENNESS PURCHASING POWER REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS REGIONAL TRADE INTEGRATION REGIONALISM RESTRICTIVE RULES OF ORIGIN ROAD TRANSPORT SPECIALIZATION TARIFF RATE TRADE TRADE AGREEMENT TRADE BALANCE TRADE CLASSIFICATION TRADE DATA TRADE DEFICIT TRADE DEFICITS TRADE DEFLECTION TRADE DIVERSIFICATION TRADE FLOWS TRADE INDICATORS TRADE INTEGRATION TRADE OPENNESS TRADE PATTERNS TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE VOLUMES TRADE WARS TRADING BLOCS TRANSIT TRANSPORT COSTS VALUATION VALUE ADDED VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO The study provides a detailed quantitative analysis, based on standard econometric models, of the trends and the configuration of trade of the CIS countries, with an emphasis on its low income members. It also contains an analysis of the CIS countries' trade potential and its realization in a comparative perspective, as well as examination of the nature of the existing CIS intra-bloc trade. The study revealed no evidence that the CIS countries as a group underperform significantly in terms of either trade openness or export levels when compared to the countries of similar per capita GDP and population size. This means, however, that the low-income economies in the CIS (CIS-7) have been performing on average just marginally better than other low-income countries and that, overall, they have been falling behind the countries that benefit most from globalization. Overall, progress in the trade area was slower in the CIS-7 countries than in the higher income CIS members. This is reflected in: (i) lower overall export levels and slower export growth in the second half of the 1990s; (ii) higher trade deficits; (iii) lower share of manufacturing exports; (iv) incomplete re-orientation of trade flows from the CIS to global markets; and (v) lower incidence of intra-industry trade. The study found that the CIS free trade area is, on balance, a beneficial, trade-facilitating bloc. It features a free trade regime, agreements on mutual recognition of standards, and non-restrictive rules of origin. There is no evidence so far that the CIS integration is of the "South-South" type and thus may be harmful for some of its members. However, the potential benefits of CIS trade integration remain badly underutilized. The study suggests several directions for strengthening the legal and administrative framework for intra-CIS trade arrangements. 2013-08-08T18:15:52Z 2013-08-08T18:15:52Z 2004-06 http://documents.worldbank.org/curated/en/2004/06/5044196/trade-performance-regional-integration-cis-countries 0-8213-5896-0 http://hdl.handle.net/10986/14933 English en_US World Bank Working Paper;No. 38 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Commonwealth of Independent States
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	TRADE PERFORMANCE FREE TRADE AGREEMENTS TRANSIT IMPORTS EMPLOYMENT EXPORTS TARIFFS TRADE DATA INTERCHANGE TRADE PERFORMANCE INDUSTRY CUSTOMS APPLIED TARIFF AVERAGE TRADE BENCHMARKS BENEFICIAL BILATERAL FREE TRADE AGREEMENTS BLOC TRADE BOXES CENTRAL GOVERNMENTS CENTRAL PLANNING CERTIFICATE OF ORIGIN CIF COMMODITY COMPARATIVE ADVANTAGE COUNTRY OF ORIGIN CUSTOMS CUSTOMS PROCEDURES DELIVERIES DISTRIBUTION CENTERS DOUBLE TAXATION ECONOMETRIC MODELS ECONOMIC COOPERATION ECONOMIC SIZE ECONOMIES OF SCALE EMPLOYMENT EXCHANGE RATE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS FOREIGN DIRECT INVESTMENT FREE ACCESS FREE TRADE FREE TRADE AGREEMENTS FREE TRADE AREA FREIGHT GDP GLOBAL MARKETS GRAVITY MODEL GROSS DOMESTIC PRODUCT HARMONIZED SYSTEM IMPORT STATISTICS IMPORT TARIFFS IMPORTS INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRY TRADE INSURANCE INTERNATIONAL PRICES INTERNATIONAL TRADE LDCS MANUFACTURING MARKET PRICES MUTUAL RECOGNITION MUTUAL RECOGNITION OF STANDARDS OIL OPENNESS PURCHASING POWER REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS REGIONAL TRADE INTEGRATION REGIONALISM RESTRICTIVE RULES OF ORIGIN ROAD TRANSPORT SPECIALIZATION TARIFF RATE TRADE TRADE AGREEMENT TRADE BALANCE TRADE CLASSIFICATION TRADE DATA TRADE DEFICIT TRADE DEFICITS TRADE DEFLECTION TRADE DIVERSIFICATION TRADE FLOWS TRADE INDICATORS TRADE INTEGRATION TRADE OPENNESS TRADE PATTERNS TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE VOLUMES TRADE WARS TRADING BLOCS TRANSIT TRANSPORT COSTS VALUATION VALUE ADDED VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO
spellingShingle	TRADE PERFORMANCE FREE TRADE AGREEMENTS TRANSIT IMPORTS EMPLOYMENT EXPORTS TARIFFS TRADE DATA INTERCHANGE TRADE PERFORMANCE INDUSTRY CUSTOMS APPLIED TARIFF AVERAGE TRADE BENCHMARKS BENEFICIAL BILATERAL FREE TRADE AGREEMENTS BLOC TRADE BOXES CENTRAL GOVERNMENTS CENTRAL PLANNING CERTIFICATE OF ORIGIN CIF COMMODITY COMPARATIVE ADVANTAGE COUNTRY OF ORIGIN CUSTOMS CUSTOMS PROCEDURES DELIVERIES DISTRIBUTION CENTERS DOUBLE TAXATION ECONOMETRIC MODELS ECONOMIC COOPERATION ECONOMIC SIZE ECONOMIES OF SCALE EMPLOYMENT EXCHANGE RATE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS FOREIGN DIRECT INVESTMENT FREE ACCESS FREE TRADE FREE TRADE AGREEMENTS FREE TRADE AREA FREIGHT GDP GLOBAL MARKETS GRAVITY MODEL GROSS DOMESTIC PRODUCT HARMONIZED SYSTEM IMPORT STATISTICS IMPORT TARIFFS IMPORTS INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRY TRADE INSURANCE INTERNATIONAL PRICES INTERNATIONAL TRADE LDCS MANUFACTURING MARKET PRICES MUTUAL RECOGNITION MUTUAL RECOGNITION OF STANDARDS OIL OPENNESS PURCHASING POWER REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS REGIONAL TRADE INTEGRATION REGIONALISM RESTRICTIVE RULES OF ORIGIN ROAD TRANSPORT SPECIALIZATION TARIFF RATE TRADE TRADE AGREEMENT TRADE BALANCE TRADE CLASSIFICATION TRADE DATA TRADE DEFICIT TRADE DEFICITS TRADE DEFLECTION TRADE DIVERSIFICATION TRADE FLOWS TRADE INDICATORS TRADE INTEGRATION TRADE OPENNESS TRADE PATTERNS TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE VOLUMES TRADE WARS TRADING BLOCS TRANSIT TRANSPORT COSTS VALUATION VALUE ADDED VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO Freinkman, Lev Polyakov, Evgeny Revenco, Carolina Trade Performance and Regional Integration of the CIS Countries
geographic_facet	Commonwealth of Independent States
relation	World Bank Working Paper;No. 38
description	The study provides a detailed quantitative analysis, based on standard econometric models, of the trends and the configuration of trade of the CIS countries, with an emphasis on its low income members. It also contains an analysis of the CIS countries' trade potential and its realization in a comparative perspective, as well as examination of the nature of the existing CIS intra-bloc trade. The study revealed no evidence that the CIS countries as a group underperform significantly in terms of either trade openness or export levels when compared to the countries of similar per capita GDP and population size. This means, however, that the low-income economies in the CIS (CIS-7) have been performing on average just marginally better than other low-income countries and that, overall, they have been falling behind the countries that benefit most from globalization. Overall, progress in the trade area was slower in the CIS-7 countries than in the higher income CIS members. This is reflected in: (i) lower overall export levels and slower export growth in the second half of the 1990s; (ii) higher trade deficits; (iii) lower share of manufacturing exports; (iv) incomplete re-orientation of trade flows from the CIS to global markets; and (v) lower incidence of intra-industry trade. The study found that the CIS free trade area is, on balance, a beneficial, trade-facilitating bloc. It features a free trade regime, agreements on mutual recognition of standards, and non-restrictive rules of origin. There is no evidence so far that the CIS integration is of the "South-South" type and thus may be harmful for some of its members. However, the potential benefits of CIS trade integration remain badly underutilized. The study suggests several directions for strengthening the legal and administrative framework for intra-CIS trade arrangements.
format	Publications & Research :: Publication
author	Freinkman, Lev Polyakov, Evgeny Revenco, Carolina
author_facet	Freinkman, Lev Polyakov, Evgeny Revenco, Carolina
author_sort	Freinkman, Lev
title	Trade Performance and Regional Integration of the CIS Countries
title_short	Trade Performance and Regional Integration of the CIS Countries
title_full	Trade Performance and Regional Integration of the CIS Countries
title_fullStr	Trade Performance and Regional Integration of the CIS Countries
title_full_unstemmed	Trade Performance and Regional Integration of the CIS Countries
title_sort	trade performance and regional integration of the cis countries
publisher	Washington, DC: World Bank
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/06/5044196/trade-performance-regional-integration-cis-countries http://hdl.handle.net/10986/14933
_version_	1764425893636210688

Trade Performance and Regional Integration of the CIS Countries

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