The paper first sketches out the experiences of the CEECs and of China concerning trade policy and trade reforms and then turns to trade development and to the changes in their trade patterns during the transition period. The trade reforms that have been implemented in China since 1979 and in the CEECs since 1989 have displayed some similar features: demonopolisation of foreign trade, progress toward convertibility, provisions to attract foreign direct investments. But the opening up of domestic economies responded to different concerns and priorities. For the CEECs, trade liberalisation has been a cornerstone of overall economic liberalisation.
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Paper provided by CEPII research center in its series Working Papers with number
1996-02.
Find related papers by JEL classification: F10 - International Economics - - Trade - - - General F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
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