THE  EXPORT  POSSIBILITIES  OF  THE  SLOVAK  REPUBLIC TO  DEVELOPING  COUNTRIES Cover Image

Potenciálne trhy rozvojových krajín pre slovenský vývoz
THE EXPORT POSSIBILITIES OF THE SLOVAK REPUBLIC TO DEVELOPING COUNTRIES

Author(s): Saleh Mothana Obadi, Andrés T. Castillo Tuya
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV

Summary/Abstract: The objective of this paper is to bring to light the chances for Slovak exporters in the markets of developing Countries and the types of commodities they may export. Before presenting the results of this analysis, we should to review the position of each region in international trade. In developing countries, despite the growing number of success stories, many coun-tries continue to struggle with macroeconomic imbalances and structural impediments that keep their living standards well below what they are potentially capable of achiev-ing. The region of Latin America comprises of 28 countries with 4.5 per cent share of international trade. Due to incomplete data for all countries we had decided for selected approach. Therefore, the analysis will focus only on 11 countries, which had a share of at least 0,06 per cent of international trade in 1995. This region had undergone a deep economic reform at the last decade. These reforms have not reached the desired aims in all countries. One of the main targets of economic reform was to achieve a permanent economic growth. Indeed reaching this target turned out to be unreal. Despite the Mexican crisis in the late 1994 and early 1995 economic growth in Latin America was gathering speed, with strong export growth in many countries and with business confidence and foreign capital flows encouraged by the continuity in economic policy displayed since the Mexican crisis. The import share of this region in 1995 reached about 4.9 per cent of world import, which is by 1.6 per cent higher than in 1990. The more successful countries in 1995 remained Chile, Argentina, Mexico and Brazil. The region of Middle East and North Africa that comprises over 19 countries with 300 million consumers, 13 of them are exporters of oil and some of them are also gas exporters. For the same problem (incomplete data), we have used the selective approach like in the case of Latin America, and our analysis focuses on 10 countries with 0.05 share in international trade. In the Middle East and North Africa, economic performance and prospects have strengthened in several countries as a result of stronger macroeconomic and structural policies, as well as overall improvement in regional stability. In 1995 the region’s share have reached 9.8 per cent of international trade compared to 8.2 per cent in 1990. The level of economies of the region are very heterogeneous with considerable varia-tions in per capita income and underlying economic structures. Most of the countries in the region are classified as middle-income economies with per capita incomes ranging from 2 000 USD to 7 000 USD. However, some countries with average per capita in-come of 15 000 USD are classified as high-income economies, while Egypt and the Republic of Yemen with per capita incomes below 900 USD are classified as low-income countries...

  • Issue Year: 48/2000
  • Issue No: 06
  • Page Range: 794-813
  • Page Count: 20
  • Language: Slovak