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Macedonian and Slovenian Trade after the Break-up of Former Yugoslavia: Focus on the European Union

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Abstract

An American economist presents a statistical analysis of Macedonian foreign trade patterns since the break-up of former Yugoslavia, in the context of a comparison with Slovenia. After examining the countries' trade performance and policy, Gini-Hirshmann indexes of concentration, Grubel-Lloyd indexes of intra-industry trade (IIT), and similarity indexes are presented, along with a description of the main exports from the two countries to the EU and an evaluation of the factor intensity thereof. The results show that Macedonia's trade in comparison with Slovenia's is more unbalanced and less EU-oriented; its exports are more labor-intensive and concentrated in low-wage sectors; the structure of its trade with the EU differs greatly from Slovenia's; and it engages in little intra-industry trade with the EU. Macedonian trade patterns are suggestive of those of a developing country, indeed of one falling further behind the leading transition countries.

Suggested Citation

  • M. Wyzan, 1999. "Macedonian and Slovenian Trade after the Break-up of Former Yugoslavia: Focus on the European Union," Working Papers ir99018, International Institute for Applied Systems Analysis.
    • Handle: RePEc:wop:iasawp:ir99018
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    1. Biljana Sekulovska-Gaber, 1996. "Macedonian Exports: A Small-Country Case," Eastern European Economics, Taylor & Francis Journals, vol. 34(6), pages 18-36, December.
    2. Mihail Petkovski & Trajko Slaveski, 1997. "Foreign Trade in the Republic of Macedonia," Eastern European Economics, Taylor & Francis Journals, vol. 35(1), pages 52-74, February.
    3. Aturupane, Chonira & Djankov, Simeon & Hoekman, Bernard, 1997. "Determinants of intra-industry trade between East and West Europe," Policy Research Working Paper Series 1850, The World Bank.
    4. János Gács & Robert Holzmann & Michael L. Wyzan (ed.), 1999. "The Mixed Blessing of Financial Inflows," Books, Edward Elgar Publishing, number 1714.
    5. Damien NEVEN, 1994. "Trade Liberalisation with Eastern Nations. How Sensitive ?," Cahiers de Recherches Economiques du Département d'économie 9407, Université de Lausanne, Faculté des HEC, Département d’économie.
    6. International Monetary Fund, 1998. "Former Yugoslav Republic of Macedonia: Recent Economic Developments," IMF Staff Country Reports 1998/082, International Monetary Fund.
    7. Richard N. Cooper & János Gács (ed.), 1997. "Trade Growth in Transition Economies," Books, Edward Elgar Publishing, number 1288.
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