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Overview
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Read This Document
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Papers by Same Organization
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Unfavorable geopolitical situation and small scale of economy, trade balance deficit and raw-materials export enforce Armenia to look for new geographical and product perspectives in its foreign trade. The paper aims to estimate trade potential for Armenia by product groups in regional and international directions using gravity approach. Applied gravity model estimates trade flows, which are disaggregated into 7 groups according to BEC’s 1-digit classification, between 139 countries during 2003-2007. The key findings imply that:
- trade relations of Armenia with most of main trade partners have no potential to develop
- Armenia has exceeded its export potential almost with all the CIS countries
- trade relations with the EU countries should be re-considered on both product and geographical directions
- re-opening of Armenian-Turkish border could provide significant economic benefit for Armenian exporters
- the most perspective product groups of Armenian export seem to be “Industrial supplies”, “Food and beverages”, and “Consumer goods”
GDNet originated |
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| Mitigating recession or dampening long-run growth? |
| By Kruk, D. and Haiduk, K., 2013 |
| Produced by: Economic Education and Research Consortium, (EERC), Russian Federation |
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| Countries: Belarus |
| Themes: Macroeconomics and Economic Growth |
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| Compared to other markets, the labor market is more affected by social and political factors as well as by economic and financial crises and shocks |
| By Ibragimov, M.; Karimov, J. and Permyakova, E., 2013 |
| Produced by: Economic Education and Research Consortium, (EERC), Russian Federation |
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| Countries: Belarus, Kazakhstan, Moldova Republic, Russian Federation, Ukraine, Uzbekistan |
| Themes: Development Finance & Aid Effectiveness, Domestic Resource Mobilization, Environment and Climate Change, Law and Rights, Macroeconomics and Economic Growth, Private Sector Development, Urban Development and the Global South |
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| Changes in city structure is mainly an instrument of inner policy, while change in trade openness may results outwards |
| By Sidorov, A., 2013 |
| Produced by: Economic Education and Research Consortium, (EERC), Russian Federation |
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| Countries: Russian Federation |
| Themes: Globalization and Trade, Urban Development and the Global South |
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