Bazaars and Trade Integration in CAREC Countries
This paper based on survey work as well as an examination of trade statistics is the first to have studied the economic and trade effects of bazaars in central Asia in a detailed way. It presents a wealth of information and statistics relating to c...
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| Format: | Policy Note |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2009/05/11102940/bazaars-trade-integration-central-asia-regional-economic-cooperation-carec-countries http://hdl.handle.net/10986/18609 |
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okr-10986-186092021-04-23T14:03:45Z Bazaars and Trade Integration in CAREC Countries World Bank BASKET OF GOODS BENCHMARK BENCHMARKS BILL BUSINESS CLIMATE CENTRAL PLANNING COMMODITIES COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE EDGE CONSUMER GOODS CONSUMER PROTECTION CONSUMERS CONSUMPTION GOODS COST OF IMPORTS CROSS-BORDER COOPERATION CUSTOMS CUSTOMS PROCEDURES CUSTOMS REGULATIONS CUSTOMS TERRITORY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC MARKETS DOMESTIC PRODUCERS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EXPECTED VALUES EXPENDITURE EXPENDITURES EXPORT PRODUCTS EXPORTERS EXPORTS FAIR FINISHED PRODUCTS FIXED COSTS FOREIGN CAPITAL FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FOREIGN GOODS FOREIGN SALES FOREIGN TRADE FOREIGN TRADE OPERATIONS GDP GDP PER CAPITA GOLD GROSS NATIONAL INCOME GROWTH IN TRADE HOTELS IMPORT IMPORTS IMPORTS OF CONSUMPTION INCOME EFFECTS INCOME GROUPS INCOME LEVELS INCOME TAX INCOMES INSURANCE INTERNATIONAL TRADE INVESTMENT EXPENDITURE MARKET ECONOMIES MARKET ECONOMY MARKETING MARKETPLACE MARKETPLACES MERCHANDISING NATIONAL INCOME OIL EXPORTS POSITIVE EXTERNALITIES POVERTY ALLEVIATION POVERTY REDUCTION PRICE OF OIL PRIVATIZATION PROPERTY RIGHTS PROTECTIONIST PUBLIC POLICY PURCHASING PURCHASING POWER RAPID EXPANSION RAPID GROWTH RE-EXPORTS REAL CONSUMPTION RECESSION REEXPORT RENT SEEKING REPUTATION RETAIL RETAIL STORES RETAIL TRADE SALE SALES MARGINS SELLING PRICE SHARE IN TRADE SHOPS SIDE EFFECTS SLOWDOWN SPECIAL PROCEDURES STATISTICAL ANALYSIS SUPPLIER SUPPLIERS SUPPLY RESPONSE SURPLUS TARIFF RATES TAX TAX CODES TAX REGIME TAX REVENUES TOTAL EXPORTS TOTAL IMPORTS TOTAL SALES TRADE BARRIERS TRADE CLASSIFICATION TRADE DATA TRADE IN GOODS TRADE INTEGRATION TRADE POLICY TRADE REGIME TRADE STATISTICS TRADEMARK TRADES TRADING ACTIVITIES TRADING PARTNERS TRANSPORTATION COSTS TURNOVER TURNOVERS UNEMPLOYMENT VALUE ADDED WAGES WAREHOUSES WEALTH WHOLESALE TRADE WHOLESALERS WORLD DEVELOPMENT INDICATORS WORLD ECONOMIES This paper based on survey work as well as an examination of trade statistics is the first to have studied the economic and trade effects of bazaars in central Asia in a detailed way. It presents a wealth of information and statistics relating to critical income generating activities and seeks to uncover the vital role played by bazaars in supporting economic growth. The analysis conducted in this work is of policy interest: rather than treating bazaars as unorganized and undesirable features of a modern market economy, national authorities should foster the development of bazaars in view of the growth, employment-generation and poverty-fighting characteristics of the operations of bazaars. Indeed, without well-functioning bazaars, the cost of trade would be considerably greater, the prices of goods higher and availability more restricted, trade volumes considerably lower, and the powerful welfare-raising effects from re-exports (in which bazaars play a critical role) as well as trade itself would be greatly muted. The populations would be much the poorer. The remainder of this report is organized as follows: section one provides birds' eye-view of networks of bazaars: their structure and weight in local economies as well as their involvement in domestic and foreign trade activities. Section two provides estimates of trade mediated by bazaars based on both mirror, i.e., Central Asian's (CA's) trading partners' trade statistics and national statistics of Kazakhstan and Kyrgyzstan. Section three presents conclusions and outlines policy implications of empirical findings. 2014-06-10T22:38:50Z 2014-06-10T22:38:50Z 2009-05-13 http://documents.worldbank.org/curated/en/2009/05/11102940/bazaars-trade-integration-central-asia-regional-economic-cooperation-carec-countries http://hdl.handle.net/10986/18609 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
BASKET OF GOODS BENCHMARK BENCHMARKS BILL BUSINESS CLIMATE CENTRAL PLANNING COMMODITIES COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE EDGE CONSUMER GOODS CONSUMER PROTECTION CONSUMERS CONSUMPTION GOODS COST OF IMPORTS CROSS-BORDER COOPERATION CUSTOMS CUSTOMS PROCEDURES CUSTOMS REGULATIONS CUSTOMS TERRITORY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC MARKETS DOMESTIC PRODUCERS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EXPECTED VALUES EXPENDITURE EXPENDITURES EXPORT PRODUCTS EXPORTERS EXPORTS FAIR FINISHED PRODUCTS FIXED COSTS FOREIGN CAPITAL FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FOREIGN GOODS FOREIGN SALES FOREIGN TRADE FOREIGN TRADE OPERATIONS GDP GDP PER CAPITA GOLD GROSS NATIONAL INCOME GROWTH IN TRADE HOTELS IMPORT IMPORTS IMPORTS OF CONSUMPTION INCOME EFFECTS INCOME GROUPS INCOME LEVELS INCOME TAX INCOMES INSURANCE INTERNATIONAL TRADE INVESTMENT EXPENDITURE MARKET ECONOMIES MARKET ECONOMY MARKETING MARKETPLACE MARKETPLACES MERCHANDISING NATIONAL INCOME OIL EXPORTS POSITIVE EXTERNALITIES POVERTY ALLEVIATION POVERTY REDUCTION PRICE OF OIL PRIVATIZATION PROPERTY RIGHTS PROTECTIONIST PUBLIC POLICY PURCHASING PURCHASING POWER RAPID EXPANSION RAPID GROWTH RE-EXPORTS REAL CONSUMPTION RECESSION REEXPORT RENT SEEKING REPUTATION RETAIL RETAIL STORES RETAIL TRADE SALE SALES MARGINS SELLING PRICE SHARE IN TRADE SHOPS SIDE EFFECTS SLOWDOWN SPECIAL PROCEDURES STATISTICAL ANALYSIS SUPPLIER SUPPLIERS SUPPLY RESPONSE SURPLUS TARIFF RATES TAX TAX CODES TAX REGIME TAX REVENUES TOTAL EXPORTS TOTAL IMPORTS TOTAL SALES TRADE BARRIERS TRADE CLASSIFICATION TRADE DATA TRADE IN GOODS TRADE INTEGRATION TRADE POLICY TRADE REGIME TRADE STATISTICS TRADEMARK TRADES TRADING ACTIVITIES TRADING PARTNERS TRANSPORTATION COSTS TURNOVER TURNOVERS UNEMPLOYMENT VALUE ADDED WAGES WAREHOUSES WEALTH WHOLESALE TRADE WHOLESALERS WORLD DEVELOPMENT INDICATORS WORLD ECONOMIES |
| spellingShingle |
BASKET OF GOODS BENCHMARK BENCHMARKS BILL BUSINESS CLIMATE CENTRAL PLANNING COMMODITIES COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE EDGE CONSUMER GOODS CONSUMER PROTECTION CONSUMERS CONSUMPTION GOODS COST OF IMPORTS CROSS-BORDER COOPERATION CUSTOMS CUSTOMS PROCEDURES CUSTOMS REGULATIONS CUSTOMS TERRITORY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC MARKETS DOMESTIC PRODUCERS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EXPECTED VALUES EXPENDITURE EXPENDITURES EXPORT PRODUCTS EXPORTERS EXPORTS FAIR FINISHED PRODUCTS FIXED COSTS FOREIGN CAPITAL FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FOREIGN GOODS FOREIGN SALES FOREIGN TRADE FOREIGN TRADE OPERATIONS GDP GDP PER CAPITA GOLD GROSS NATIONAL INCOME GROWTH IN TRADE HOTELS IMPORT IMPORTS IMPORTS OF CONSUMPTION INCOME EFFECTS INCOME GROUPS INCOME LEVELS INCOME TAX INCOMES INSURANCE INTERNATIONAL TRADE INVESTMENT EXPENDITURE MARKET ECONOMIES MARKET ECONOMY MARKETING MARKETPLACE MARKETPLACES MERCHANDISING NATIONAL INCOME OIL EXPORTS POSITIVE EXTERNALITIES POVERTY ALLEVIATION POVERTY REDUCTION PRICE OF OIL PRIVATIZATION PROPERTY RIGHTS PROTECTIONIST PUBLIC POLICY PURCHASING PURCHASING POWER RAPID EXPANSION RAPID GROWTH RE-EXPORTS REAL CONSUMPTION RECESSION REEXPORT RENT SEEKING REPUTATION RETAIL RETAIL STORES RETAIL TRADE SALE SALES MARGINS SELLING PRICE SHARE IN TRADE SHOPS SIDE EFFECTS SLOWDOWN SPECIAL PROCEDURES STATISTICAL ANALYSIS SUPPLIER SUPPLIERS SUPPLY RESPONSE SURPLUS TARIFF RATES TAX TAX CODES TAX REGIME TAX REVENUES TOTAL EXPORTS TOTAL IMPORTS TOTAL SALES TRADE BARRIERS TRADE CLASSIFICATION TRADE DATA TRADE IN GOODS TRADE INTEGRATION TRADE POLICY TRADE REGIME TRADE STATISTICS TRADEMARK TRADES TRADING ACTIVITIES TRADING PARTNERS TRANSPORTATION COSTS TURNOVER TURNOVERS UNEMPLOYMENT VALUE ADDED WAGES WAREHOUSES WEALTH WHOLESALE TRADE WHOLESALERS WORLD DEVELOPMENT INDICATORS WORLD ECONOMIES World Bank Bazaars and Trade Integration in CAREC Countries |
| geographic_facet |
Europe and Central Asia |
| description |
This paper based on survey work as well
as an examination of trade statistics is the first to have
studied the economic and trade effects of bazaars in central
Asia in a detailed way. It presents a wealth of information
and statistics relating to critical income generating
activities and seeks to uncover the vital role played by
bazaars in supporting economic growth. The analysis
conducted in this work is of policy interest: rather than
treating bazaars as unorganized and undesirable features of
a modern market economy, national authorities should foster
the development of bazaars in view of the growth,
employment-generation and poverty-fighting characteristics
of the operations of bazaars. Indeed, without
well-functioning bazaars, the cost of trade would be
considerably greater, the prices of goods higher and
availability more restricted, trade volumes considerably
lower, and the powerful welfare-raising effects from
re-exports (in which bazaars play a critical role) as well
as trade itself would be greatly muted. The populations
would be much the poorer. The remainder of this report is
organized as follows: section one provides birds'
eye-view of networks of bazaars: their structure and weight
in local economies as well as their involvement in domestic
and foreign trade activities. Section two provides estimates
of trade mediated by bazaars based on both mirror, i.e.,
Central Asian's (CA's) trading partners'
trade statistics and national statistics of Kazakhstan and
Kyrgyzstan. Section three presents conclusions and outlines
policy implications of empirical findings. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bazaars and Trade Integration in CAREC Countries |
| title_short |
Bazaars and Trade Integration in CAREC Countries |
| title_full |
Bazaars and Trade Integration in CAREC Countries |
| title_fullStr |
Bazaars and Trade Integration in CAREC Countries |
| title_full_unstemmed |
Bazaars and Trade Integration in CAREC Countries |
| title_sort |
bazaars and trade integration in carec countries |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2009/05/11102940/bazaars-trade-integration-central-asia-regional-economic-cooperation-carec-countries http://hdl.handle.net/10986/18609 |
| _version_ |
1764440949783527424 |