Abstract
Transformation and reforms in East European countries in transition (CIT) have brought about profound changes in the trade and industrial structures of these economies. Trade with traditional partners within the CMEA grouping declined sharply, while trade with developed market economies expanded. Many industrial sectors and branches, specializing for decades in exports to the former Soviet Union and other socialist countries, have seen their traditional markets shrinking rapidly. At the same time, reorientation of trade toward the West appears to be more difficult and more painful than initially expected. In this context, the governments in transition countries have been faced by important policy dilemmas concerning ways and means of intervention in the process of structural change, in order to minimize costs of adjustment.
The author wishes to acknowledge helpful comments received on earlier drafts from János Gács, Miroslav Hrnčíř, and Mario Nuti.
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Rosati, D.K. (1994). Changing Trade Patterns and Industrial Policy: The Case of Poland. In: Gács, J., Winckler, G. (eds) International Trade and Restructuring in Eastern Europe. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-662-28276-2_7
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DOI: https://doi.org/10.1007/978-3-662-28276-2_7
Publisher Name: Physica, Heidelberg
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