engleski

Trade Orientation and Export Growth in the Mediterranean Countries

One of the main policy changes in the Mediterranean developing countries, as well as in large number of other developing countries, during the late 80s and 90s has been the implementation of the more liberal and opened trade regimes. The aim of this paper is to analyze what are the effects of the outward trade orientation on economic performance, especially export growth. The empirical investigation based on a sample of both developing and developed Mediterranean countries indicates a decrease in export shares in 90s for Mediterranean as a whole, as well as for all groups except non-oil developing countries that have implemented outward-oriented trade policies.

trade strategy; export; trade openness; Mediterranean

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