CEU Electronic Theses and Dissertations, 2016
Author | Bekbolotova, Salima |
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Title | The Effect of Economic Integration on Economic Complexity of Latecomer Countries |
Summary | The goal of this paper is to investigate the effect of economic integration on economic welfare of a latecomer and less developed country upon joining an existing economic union. The index of economic complexity was chosen as a good proxy of a country’s economic stance and development sustainability. With the use of synthetic control method a causal relationship between the process of economic integration and complexity of three latecomer countries: Romania (member of the EU since 2007), Colombia (associate member of the Mercosur since 2004), and Cambodia (member of the ASEAN since 1999), was assessed for the study. Special attention is paid to determination of the major factors affecting the success and effectiveness of integration processes for a less developed country at the onset of integration. The concluding part of the study contains a set of policy related implications based on the results of the study. |
Supervisor | Koren Miklos |
Department | Economics MA |
Full text | https://www.etd.ceu.edu/2016/bekbolotova_salima.pdf |
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