Industrial Restructuring and Trade Reorientation in Eastern Europe

This book identifies differences and similarities between the formerly centrally planned economies of the Eastern Block 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. The book ends with an examination of the case for using Western-style industrial policies in the transition.