Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/852
Authors: 
Langhammer, Rolf J.
Lücke, Matthias
Year of Publication: 
1995
Series/Report no.: 
Kiel Working Paper 708
Abstract: 
This paper analyses the causes of the precipitous fall in trade among the twelve CIS countries since 1990; points out the implications for industrial restructuring; and discusses the policy options for regional reintegration. The main finding is that the decline in intra-C!S trade was initiated by the institutional void left by the collapse of the central planning system. However, the high volume of trade among the former Soviet republics reflected largely their isolation from the rest of the world economy, as well as other policy-induced distortions. Therefore, if market-oriented economic reforms in the CIS countries are successful, intra-CIS trade flows will remain substantially smaller than during the Soviet period.
Subjects: 
Commonwealth of Independent States
regional integration
intra-regional trade
industrial restructuring
JEL: 
F14
F15
Document Type: 
Working Paper

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