Industrial Restructuring and Trade Reorientation in Eastern Europe

by Michael A. Landesmann, István P. Székely

Overview

This book identifies differences and similarities between the formerly centrally planned economies of the Eastern Bloc and those of Western Europe. The authors use up-to-date information on East-West trade flows to analyze emerging patterns of industrial and trade specialization. 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.

Product Details

ISBN-13:	9780521480857
Publisher:	Cambridge University Press
Publication date:	04/13/1995
Series:	Department of Applied Economics Occasional Papers , #60
Pages:	392
Product dimensions:	6.18(w) x 9.25(h) x 1.06(d)

Table of Contents

1. Introduction Michael Landesmann and István Székely; Part I. Industrial Structurla Change and East-West Integration: 2. Industrial structural change in Central and Eastern European economies Michael Landesmann and István Székely; 3. Projecting East-West trade integration Michael Landesmann; Part II. Country Studies: 4. Deindustrialisation or reindustrialisation? On the future of the eastern German economy Klaus-Dieter Schmidt and Petra Naujoks; 5. Stabilisation, crisis and structured change in Hungary András Blahó and László Halpern; 6. Industrial restructuring in Czechoslovakia after 1989 Alena Nesporova; 7. Economic transition and industrial restructuring in Bulgaria Rumen Dobrinsky, Nikolay Markov, Boyko Nikolov, and Dimiter Yalnazov; 8. Economic reforms and structural change in Poland Lucja Tomaszewicz and Witold Orlowski; Part III. Enterprise Analysis and Policy Issues: 9. Micro-economic factors of trade reorientation in Hungary, 1981–90 László Halpern; 10. Hardening of the budget constraint for Polish manufacturing enterprises, 1991–3 Marek Belka and Stefan Krajewski; 11. Industrial policy in the transition Michael Landesmann and István Ábel; 12. Financial intermediation and industrial restructuring in Central and Eastern Europe István Ábel and Istvan Székely.

Editorial Reviews

'… a convincing picture on the dilemma of public spending on economic restructuring, which shows that funds for active industrial policy are most restricted in that period when they are most needed. Abel and Szekely point out that the financial sector needs more time before it could play the 'agent of change'.' Jens Hölscher, The Economic Journal

From the Publisher