Industrial Restructuring and Trade Reorientation in Eastern Europe (Department of Applied Economics Occasional Papers). This item is unavailable.Industrial Restructuring and Trade Reorientation in Eastern Europe (Department of Applied Economics Occasional Papers)

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.

This book examines the longer-term aspects of the economic transformation currently taking place in central and eastern Europe. In particular, the vital issues of industrial structural change and trade performance are addressed, first in their macroeconomic context and then at the industrial and enterprise level. Information on recent East-West trade flows is used to analyse emerging patterns of industrial and trade specialisation. Other issues analysed include the impact of the withdrawal of export subsidies on Hungarian enterprises, 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.