Economic Globalization Effects and Openness to Trade of the ECOWAS Member States

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10235876" target="_blank" >RIV/61989100:27510/17:10235876 - isvavai.cz</a>

Result on the web

<a href="https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/SE_Artyku%C5%82y_291_320/SE_314/01.pdf" target="_blank" >https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/SE_Artyku%C5%82y_291_320/SE_314/01.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Economic Globalization Effects and Openness to Trade of the ECOWAS Member States

Original language description

This paper deals with effects of economic globalization on developing countries cooperating within the Economic Community of West African States (ECOWAS). West Africa is quite specific region of the world economy because of various reasons. The objectives of this paper are to evaluate openness to trade of ECOWAS members within the period 1980-2010 with primary aim to identify countries with the best position, with regard to applied statistical indicators, and to identify main causes and consequences of founded results. Detail analysis is focused especially on three countries, Cabo Verde, Cote d&apos;Ivoire and Mauritania that were recognized as the most open countries with identified rising openness to trade within specified period. This paper dealt with the effects of economic globalization on member states of the Economic Community of West African States. It observed and analyzed openness to trade of 15 countries from this region. Cabo Verde, Cote d’Ivoire, Mauritania, Nigeria and Togo were identified as countries most open to trade in the period 1980-2010 (with regard to applied methods and indicators). Level of the openness to trade has risen long-term since the mid-1990s only in Cabo Verde, Cote d’Ivoire and Mauritania. Countries’ trade patterns revealed weaknesses typical for all poor developing countries – low diversification of exports and important share of primary commodities in these exports. However, we observed some improvements in this field, especially in the case of Mauritania.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Studia Ekonomiczne. Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach

ISSN

2083-8611

e-ISSN

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Volume of the periodical

10

Issue of the periodical within the volume

314

Country of publishing house

PL - POLAND

Number of pages

11

Pages from-to

7-17

UT code for WoS article

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EID of the result in the Scopus database

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