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

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  • Landesmann, Michael
  • Székely, Istvan

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.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 546.

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Date of creation: Apr 1991
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Handle: RePEc:cpr:ceprdp:546

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Keywords: Eastern Europe; Industrial Restructuring; Trade Performance;

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Cited by:
  1. 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.
  2. 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.
  3. Rodrik, Dani, 1992. "Making Sense of the Soviet Trade Shock in Eastern Europe: A Framework and Some Estimates," CEPR Discussion Papers, C.E.P.R. Discussion Papers 705, C.E.P.R. Discussion Papers.
  4. Dixon, Huw David, 1993. "Macroeconomic Equilibrium and Reform in a Transitional Economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers 758, C.E.P.R. Discussion Papers.
  5. Heinrich, Ralph P., 1993. "Microeconomic adjustment in Hungary: Results from a survey of enterprises," Kiel Working Papers 599, Kiel Institute for the World Economy.

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