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Industrial Restructuring and the Reorientation of Trade in Czechoslovakia, Hungary and Poland

Author

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  • Landesmann, Michael
  • Székely, Istvan P.

Abstract

The paper discusses the long-run pattern of growth that characterized Czechoslovakia, Hungary and Poland over the 1970s and 1980s and also shows the immediate impact of the dramatic developments of the last year and a half upon industrial production, investment and employment including compositional features. It carries out an analysis of the pattern and degree of structural change that has taken place in these economies since 1966 and compares these with a number of West European countries. Indicators of structural shifts reveal the impacts of external and internal shocks upon structural adjustments in the different economies. The paper also reports research on the details of product composition that characterize the trade links of these economies with the European Community. The analysis shows not only significant gaps in a number of quality measures of trade performance between East and West, but also differences between Hungary and the other two economies.

Suggested Citation

  • Landesmann, Michael & Székely, Istvan P., 1991. "Industrial Restructuring and the Reorientation of Trade in Czechoslovakia, Hungary and Poland," CEPR Discussion Papers 546, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:546
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    Citations

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    Cited by:

    1. Heinrich, Ralph P., 1993. "Microeconomic adjustment in Hungary: Results from a survey of enterprises," Kiel Working Papers 599, Kiel Institute for the World Economy (IfW Kiel).
    2. Naujoks, Petra & Schmidt, Klaus-Dieter, 1995. "Foreign direct investment and trade in transition countries: Tracing links – A sequel," Kiel Working Papers 704, Kiel Institute for the World Economy (IfW Kiel).
    3. Rodrik, Dani, 1992. "Making Sense of the Soviet Trade Shock in Eastern Europe: A Framework and Some Estimates," CEPR Discussion Papers 705, C.E.P.R. Discussion Papers.
    4. Bennett, John & Dixon, Huw David, 1995. "Macroeconomic equilibrium and reform in a transitional economy," European Economic Review, Elsevier, vol. 39(8), pages 1465-1485, October.
    5. Jacek Cukrowski, 2002. "Privatizing a service sector: where to start?," Prague Economic Papers, Prague University of Economics and Business, vol. 2002(3), pages 269-279.
    6. Naujoks, Petra & Schmidt, Klaus-Dieter, 1995. "Foreign direct investment and trade in transition countries: Tracing links," Kiel Working Papers 667, Kiel Institute for the World Economy (IfW Kiel).
    7. Régis Chavigny, 1997. "Économies en transition et économies en développement : une comparaison," Revue Tiers Monde, Programme National Persée, vol. 38(152), pages 727-751.
    8. Michel Aglietta & Michèle Bailly & Christian de Boissieu & Jean-Michel Charpin & Jean-Paul Dessertine & Etienne Lakits & Georges Mink & Jean-Pierre Page & Jacques Sapir & Jean Pisani-Ferry, 1992. "Repenser le soutien de la communauté internationale à l'Europe de l'Est," Revue de l'OFCE, Programme National Persée, vol. 42(1), pages 199-248.

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