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Industrial Restructuring and Trade Reorientation in Eastern Europe

István P Székely editor Michael A Landesmann editor

Format:Hardback

Publisher:Cambridge University Press

Published:13th Apr '95

Currently unavailable, and unfortunately no date known when it will be back

Industrial Restructuring and Trade Reorientation in Eastern Europe cover

This book examines the reorientation of foreign trade and industrial restructuring in Eastern Europe.

This book focuses on two important aspects of economic transformation in Eastern Europe - the reorientation of foreign trade and industrial restructuring. The authors examine in detail the pre- and post-1989 experience of five different CEE economies, and end by discussing the case for using Western-style industrial policies in their economic transition.This book identifies differences and similarities between the formerly centrally planned economies of the Eastern Bloc and those of Western Europe. The authors use up-to-date information on East-West trade flows to analyse emerging patterns of industrial and trade specialisation. They examine in detail the pre- and post-1989 experience of five different CEE economies: the ex-GDR, ex-CSFR, Hungary, Bulgaria and Poland. Enterprise-level information is then used to discuss the impact of the withdrawal of export subsidies from various types of enterprise in Hungary, the changing relationships between enterprises and banks in Poland, the evolution and reform of financial institutions and the vital issue of financial intermediation and industrial restructuring. The book ends with an examination of the case for using Western-style industrial policies in the transition.

'… a convincing picture on the dilemma of public spending on economic restructuring, which shows that funds for active industrial policy are most restricted in that period when they are most needed. Abel and Szekely point out that the financial sector needs more time before it could play the 'agent of change'.' Jens Hölscher, The Economic Journal

ISBN: 9780521480857

Dimensions: 235mm x 157mm x 27mm

Weight: 700g

392 pages