Download or read book Trade Performance and Regional Integration of the CIS Countries written by Lev M. Freinkman and published by World Bank Publications. This book was released on 2004-01-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper sets out a detailed quantitative analysis, based on standard econometric models, of the trade trends in the CIS countries, focusing on its low-income members; as well examining the nature of the existing CIS intra-bloc trade. Findings include that overall, progress in the trade area was slower in the low-income economies (CIS-7) than in the higher income CIS members, reflected in lower overall export level and slower export growth, a higher trade deficit, and a lower share of manufacturing exports. On balance, the CIS free trade area is a beneficial, trade-facilitating bloc, although the potential benefits of CIS trade integration remain badly underutilised.