Regional Integration and Baltic Trade and Investment Performance

Author/Editor:

Robert L. Sharer

Publication Date:

December 1, 1997

Electronic Access:

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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.

Series:

Working Paper No. 1997/167

Subject:

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

English

Publication Date:

December 1, 1997

ISBN/ISSN:

9781451858143/1018-5941

Stock No:

WPIEA1671997

Pages:

41

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