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The Development of International Trade in Services: the Case of Lithuania as Emerging Market

Author

Listed:
  • Sekliuckiene Jurgita

    (Kaunas University of Technology, Faculty of Social Sciences)

  • Langviniene Neringa

    (Kaunas University of Technology, Faculty of Social Sciences)

Abstract

International trade in services more and more is recognized as a sector with a lot of opportunities to be expanded in the international level market. Lithuania as one of countries which is perceived already as an emerging one has a lot of challenges to think about ways and means how to expand economy of services, entering abroad, what services could be supplied in neighbouring countries, other EU countries or even overseas. Emerging countries are specific one as they grow their economy in very fast rate and create a competitive environment not only between the same countries, but also for developed economies. The specific of international trade shows that transport and travel usually compound the structure of export of service. However findings of the survey shows the Lithuanian challenges to be approved as one of the fastest growing services to be sold abroad economies.

Suggested Citation

  • Sekliuckiene Jurgita & Langviniene Neringa, 2012. "The Development of International Trade in Services: the Case of Lithuania as Emerging Market," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(3), pages 1-5, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:3:p:5
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    More about this item

    Keywords

    international trade in services; development of trade; emerging market; Lithuania;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • F15 - International Economics - - Trade - - - Economic Integration

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