The Growing Export Performance of Transition Economies: EU Market Access versus Supply Capacity Factors
The paper examines the reasons for the remarkable growth of transition economies’ export performance. We distinguish between foreign/EU market access and internal supply capacity factors. EU market access has been of great importance, while among supply capacity factors, stable institutional setup, structural reforms, and targeted FDI are in the forefront.
Key words: Export performance, Transition economies of Central and Eastern Europe, (EU) market access, Supply capacity, Institutional setup, FDI.
JEL: F120, F150, F210, O100, P300.