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Europe and Central Asia Economic Update, May 2017

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Abstract

Trade played a pivotal role during the transition of many. countries in Europe and Central Asia to market economies. It forced a more efficient use of resourced and supported adoption of new technologies. Going forward, trade will again be crucial as countries adjust to new specialization patterns in the world. The adjustment requires not merely tweaking of trade policies, but rather a rethinking of how labor markets and capital markets are organized.

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  • World Bank, "undated". "Europe and Central Asia Economic Update, May 2017," World Bank Publications - Reports 26497, The World Bank Group.
    • Handle: RePEc:wbk:wboper:26497
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    References listed on IDEAS

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    1. Harry G. Broadman, 2005. "From Disintegration to Reintegration : Eastern Europe and the Former Soviet Union in International Trade," World Bank Publications - Books, The World Bank Group, number 7511.
    2. David H. Autor & David Dorn & Gordon H. Hanson, 2015. "Untangling Trade and Technology: Evidence from Local Labour Markets," Economic Journal, Royal Economic Society, vol. 0(584), pages 621-646, May.
    3. Mr. Prakash Loungani & Mr. Saurabh Mishra & Mr. Chris Papageorgiou & Ke Wang, 2017. "World Trade in Services: Evidence from A New Dataset," IMF Working Papers 2017/077, International Monetary Fund.
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    Cited by:

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    2. Abad, Pilar & Alsakka, Rasha & ap Gwilym, Owain, 2018. "The influence of rating levels and rating convergence on the spillover effects of sovereign credit actions," Journal of International Money and Finance, Elsevier, vol. 85(C), pages 40-57.
    3. Michel Beine & Arnaud Dupuy & Majlinda Joxhe, 2020. "Migration intentions: Data from a Field Study in Albania," DEM Discussion Paper Series 20-14, Department of Economics at the University of Luxembourg.

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