ABSTRACT

This book has followed a clear sequence of deliberations. It started in Chapter 1 with pre-transition issues, that is output and foreign trade patterns under the communist system and their impact upon prospective transition. Then, in the next two chapters it dealt with the transition in the foreign trade area at the macro (i.e. country) level (Chapter 2) and micro (i.e. enterprise) level (Chapter 3). Next, it considered the impact of foreign economic policies – trade policy and exchange rate policy – upon the performance of foreign trade in transition (Chapter 4). This last chapter deals with post-transition issues and deliberates on the foreign trade problems of East-Central European countries within the framework of the ongoing process of accession of the successful transition countries to the EU.